CFTC seeks public input on AI compute futures contracts as CME eyes October launch
Summary
The CFTC is preparing to seek public comment on futures contracts linked to computing capacity, a key resource for AI development. The request has been sent to the White House Office of Management and Budget for review, which could delay planned compute futures from CME Group and Intercontinental Exchange. After review, the CFTC is expected to open a public comment period before deciding on approval. CME said it plans to launch two compute futures on Oct. 5 if approved, using Silicon Data benchmarks. The contracts would let traders hedge and speculate on the cost of computing power as AI drives heavy investment in data centers and infrastructure.
