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The momentum behind AI infrastructure shows no signs of letting up. With hundreds of billions of dollars flowing annually into data centers and GPUs, compute has emerged as the single largest expense for anyone developing AI products. Yet despite that massive investment, there’s still no straightforward way to assign a price to compute—or for companies to protect themselves when costs shift.

Silicon Data has just secured $30 million in Series A funding to tackle that problem head-on. The startup is working to establish itself as the benchmark price for GPU rentals, creating an index that a Wall Street futures contract could settle against. The company has set its sights on launching compute futures trading on the CME on October 5th, pending regulatory approval.

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