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The Dupes of War
No matter how legitimate the reasons might seem for going to war, the results are always horrific, and wars rarely, if ever, accomplish their stated purposes.
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CME Launching Futures Market For AI Compute
CME Launching Futures Market For AI Compute
US derivatives exchange CME Group and index provider Silicon Data have teamed up to create a futures market for computing power, a key source driving the AI boom. Bloomberg reports that the futures will help traders, financial firms, AI builders and cloud providers manage volatility and price swings. Indexes from market-intelligence firm Silicon Data will help underpin the products. The project is still pending regulatory review.
“As the backbone of the digital economy, compute is the new oil of the 21st century,” CME CEO Terry...
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