Carmen Li, CEO of Silicon Data and Compute Exchange, is working with DRW’s Don Wilson to develop a market for trading compute—potentially including futures—based on standardized GPU pricing. Bloomberg reports that Silicon Data is building an index used to measure and price GPUs, while Compute Exchange runs a spot marketplace for GPU procurement. The effort focuses on how to standardize compute across different GPU types and usage contexts, in order to reduce ambiguity in pricing. Bloomberg also highlights the role of GPU price volatility, including how market participants may view used GPUs as analogous to used cars, with differing condition and specifications. The reporting describes the technical and methodological challenges involved in constructing a reliable GPU index, which is presented as foundational for broader market products. It also notes that creating the market depends on sustained participation and data quality, since the index and trading mechanisms must reflect real-world procurement and pricing dynamics. The initiative is framed as an attempt to build a new trading ecosystem for GPUs, extending beyond spot purchases to more formal market instruments.