tech
Just like gold and oil, we'll soon be able to trade AI token futures
Large exchanges are designing derivative products around AI tokens, which are increasingly being considered less a computational output and more a raw material input, like electricity or bandwidth.
TL;DR
- The Shanghai Futures Exchange is designing a derivatives market for AI tokens.
- Major exchanges like CME Group and Intercontinental Exchange are working on futures contracts for GPU rentals.
- GPU rental prices for Nvidia H100 and H200 GPUs vary, with median prices for H100s ranging from $1.40 to $4.27 per hour.
- AI companies commonly price enterprise plans in tokens, with OpenAI charging for input and output tokens.
- Hundreds of billions have been invested in AI infrastructure, including data centers and specialized cloud companies.
- AI token derivative products would allow hedging against the cost of compute.