Big Banks Eye New AI Compute Trading Market

Goldman Sachs and JPMorgan are considering entering the emerging compute trading market, The Information reported Monday (June 8), citing unnamed sources. The banks are exploring trading futures contracts tied to rental prices for graphics processing units, as well as other ways to trade on the cost of computing power, according to the report. They are in the early stages of exploration of the idea … Continue reading Big Banks Eye New AI Compute Trading Market