Meet the startup helping Wall Street put a price on AI compute

TechCrunch AI News

Summary

Silicon Data has raised $30 million in Series A funding to develop a reference price for GPU rental and launch compute futures trading on CME, aiming to help Wall Street hedge AI compute costs.

The AI buildout shows no signs of slowing. And with hundreds of billions of dollars a year going into data centers and GPUs, compute has become the single biggest cost for anyone building AI products. But for all that spending, there still isn’t a straightforward way to put a price on compute — or for firms to hedge their exposure when the price changes.  Silicon Data […]
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# Meet the startup helping Wall Street put a price on AI compute | TechCrunch Source: [https://techcrunch.com/video/meet-the-startup-helping-wall-street-put-a-price-on-ai-compute/](https://techcrunch.com/video/meet-the-startup-helping-wall-street-put-a-price-on-ai-compute/) The AI buildout shows no signs of slowing\. And with hundreds of billions of dollars a year going into data centers and GPUs, compute has become the single biggest cost for anyone building AI products\. But for all that spending, there still isn’t a straightforward way to put a price on compute — or for firms to hedge their exposure when the price changes\. Silicon Data just closed a $30 million Series A to change that\. The startup aims to become the reference price for GPU rental and an index that a Wall Street futures contract would settle against\. The company plans to launch its compute futures trading[on the CME October 5th](https://www.cmegroup.com/media-room/press-releases/2026/8/11/cme_group_and_silicondatatolaunchcomputefuturesonoctober5tounloc.html), pending regulatory approval\. On this episode of TechCrunch’s[Equity](https://techcrunch.com/podcasts/equity/)podcast, Rebecca Bellan is joined by[Steve Hou](https://www.linkedin.com/in/steve-hou-001/), head of research at Silicon Data, to discuss the health of the AI buildout, and why the data is telling a different story than the doom and gloom headlines about depreciating chips and[stalled](https://techcrunch.com/2026/08/04/texas-halts-new-data-centers-as-governor-calls-for-audits/)[data centers](https://techcrunch.com/2026/07/14/new-york-state-halts-construction-of-all-new-data-centers/)\. Subscribe to Equity on[YouTube](https://www.youtube.com/@TechCrunch),[Apple Podcasts](https://itunes.apple.com/us/podcast/id1215439780),[Overcast](https://overcast.fm/itunes1215439780/equity),[Spotify](https://open.spotify.com/show/5IEYLip3eDppcOmy5DmphC?si=rZDFHv2sQUul_g94iCRgpQ)and all the casts\. You also can follow Equity on[X](https://twitter.com/EquityPod)and[Threads](https://www.threads.net/@equitypod), at @EquityPod\. Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network’s flagship podcast\. Before joining TechCrunch in 2022, she was one of 2 producers at a four\-station conglomerate where she wrote, recorded, voiced and edited content, and engineered live performances and interviews from guests like lovelytheband\. Theresa is based in New Jersey and holds a bachelors degree in Communication from Monmouth University\. You can contact or verify outreach from Theresa by emailing[theresa\.loconsolo@techcrunch\.com](mailto:[email protected])\. [View Bio](https://techcrunch.com/author/theresa-loconsolo/)

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