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AI compute has a governance problem

As exchanges move to launch compute futures, Vishal Gupta argues that the real test is not product innovation, but whether governance can keep pace

Semiconductor illustrationagainst benchmark lines
Credit: Risk.net montage

Wall Street has always found a way to put a price on scarcity. Compute is the newest entrant. The race is on to financialise this form of AI infrastructure but the governance architecture needed to support it has not caught up.

Already, three regulated derivatives venues have announced competing products to capture the growing market: On May 12, CME Group announced it is partnering with Silicon

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