Compute Markets referenced a couple of times in today's committee meeting. Everyone agrees that these markets should exist and fast-tracked. TLDR: @FalconXGlobal @2Ragu - AI CapEx hit $670B in a single-year. These will be the largest markets ever and an opportunity for the CFTC to define compute as an asset class. AI Labs going through IPO processes are being asked (for the first time) about their compute or datacentre expenses and they want to find ways to hedge to reduce their cost of capital. @multicoin @tushar_jain requesting for an innovation exemption for compute derivatives. @blockchain doubles down on Multicoin's idea for a sandbox environment for compute. Don Wilson says compute markets gives US capital efficiency in the AI race. Duffy highlights that Kalshi's compute markets are live whilst everyone else must abide by CFTC's request for comment period.

We're seeing more companies focused on building modular DCs cutting lead times from 3Y to 3m. @CrusoeAI building a Spark Factory, Helios, Bleeding edge, @runware with Sonic Inference Pods, @Radiant_Infra and several other modular AI Factories.