Kalshi launches AI compute futures tool to price AI computing power costs

According to Bloomberg, prediction market platform Kalshi has launched a forward curve tool for pricing AI computing power costs. Through weekly and monthly compute cost event contracts, it provides a single forward price for up to one year, helping to gauge the future cost trends of renting different grades of GPUs. Kalshi stated that this tool can serve as a pricing foundation for subsequent derivatives related to computing power, such as futures and options, catering to hedging and risk management needs. CME Group and ICE are also working together with index providers to launch futures contracts linked to AI computing power. Computing power is increasingly being regarded as a new commodity class, similar to natural gas or jet fuel.