AI Summary
Intercontinental Exchange Inc., the owner of the New York Stock Exchange, is planning to introduce futures contracts for computing power. This initiative aims to track the costs associated with graphics processing units (GPUs) as demand for AI technology grows, pending regulatory approval.
- Intercontinental Exchange Inc. is set to launch futures contracts for computing power.
- The initiative is in collaboration with financial-infrastructure firm Ornn.
- The new futures will be based on index products that track GPU computing costs.
- The plans are subject to regulatory approval.
futures marketcomputing powerintercontinental exchangeai technologyfinancial markets