CFTC Chairman Michael Selig signaled the agency's pivot toward financial innovation at a White House Innovation Meeting on August 19, ahead of the inaugural meeting of the newly formed Innovation Advi…
Silicon Data closed a $30 million Series A to become the reference price for GPU rental and an index for Wall Street futures contracts. The company plans to launch compute futures trading on the CME o…
Mode40 and CME partner to launch AeroTrace, a Prairies-wide AI initiative for aerospace, aviation, and defence, designed to demonstrate the value of AI-enabled systems in industrial manufacturing.…
The S&P 500 rose 0.21% to 7,428.78 on Tuesday as gains in Boeing and Coca-Cola offset tumbling chip stocks ahead of quarterly reports from Apple and other tech companies, with investors concerned abou…
Ornn, backed by Andreessen Horowitz, raised $33 million to build a marketplace for trading AI computing power as a commodity, aiming to bring price stability to the AI industry. Goldman Sachs estimate…
A contrarian view from Citi Research's Andrew Hollenhorst and Brookings' Robin Brooks argues that the Federal Reserve will cut rates later this year, contrary to Wall Street expectations of hikes, cit…
Bitcoin faces a turbulent summer as institutional capital rotates into AI stocks and tech IPOs, with spot Bitcoin ETFs recording their second-largest three-week outflow streak of 62,794 BTC. K33 Resea…
CME Group and Intercontinental Exchange are launching futures exchanges to trade AI computing power, treating compute capacity as a new commodity class. The exchanges will allow investors to hedge aga…