CME Group has announced a partnership with Silicon Data to launch the world's first futures market for computing power. This new market will feature futures contracts based on daily GPU rental rate indices provided by Silicon Data. The initiative aims to offer a standardized financial instrument for managing price volatility in GPU rentals, similar to how oil futures operate. This development is particularly significant for AI startups and cloud providers, offering them a way to hedge against fluctuating GPU costs. Silicon Data, backed by trading firm DRW, will supply the daily GPU benchmarks that underpin these futures contracts. The move is seen as a response to the growing demand for AI compute resources and aims to provide transparency and liquidity in the market. The contracts are set to launch later in 2026, subject to regulatory approval, and are expected to attract traditional traders, AI developers, and financial institutions seeking exposure to the AI sector.