Wayne Nelms

Intercontinental Exchange announced on May 19 plans to launch U.S. dollar, cash-settled GPU compute futures tied to Ornn's Compute Price Index, and CME Group said on August 11 it would launch Silicon …

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…

Nvidia's stock price has fallen 15% since May as GPU supply eases and cloud giants launch custom processors, while memory maker Micron has nearly tripled in value due to surging DRAM prices driven by …