In the current macro environment, raising capital to fund AI compute buildout has become increasingly challenging. This is true even for large established players—Meta acknowledged as much in its latest 10-Q amid rising commitments and cash-flow pressure—and far more so for the smaller so-called “neoclouds.” This is occurring against a backdrop of rising compute rental rates across the entire term structure. Relentless demand for AI, visible in sharply higher prices, is precisely why so many are still racing to add capacity. Institutional-grade, liquid compute futures based on transparent and trustworthy benchmarks are therefore both important and useful for the further development of AI in America. Neoclouds that execute well and deliver reliable performance can lock in future revenues, reduce risk, and secure cheaper financing as a result. Silicon Data publishes daily market-implied forward rate curves for B200, H100, and A100. Once futures trading goes live, we will also have tradable futures curves. Current markets are displaying near-term backwardation (declining rates) and longer-term contango (rising rates).