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Wayne Nelms

Coverage of Wayne Nelms in the Nexus archive.

Earliest in view: May 26 · 13:33 UTCMost recent: Jul 6 · 09:20 UTC
Co-mentioned in this coverage
Ornnorganization2Nvidiaorganization2Silicon Dataorganization2Andreessen Horowitzorganization1Goldman Sachsorganization1Kush Bavariaperson1Bloomberg terminalorganization1CMEorganization1Intercontinental Exchangeorganization1Intercontinental Exchange (ICE)organization1CME Grouporganization1BlackRockorganization1GPU futurestopic1
Recent coverage
  • BUSINESSJul 6 · 09:20 UTCAXIOS
    Startup bets that investors want to trade compute like a commodity

    Ornn, an Andreessen Horowitz-backed startup, raised $33 million to create a marketplace for trading AI compute power as a commodity. The initiative aims to make AI development more sustainable by enabling price hedging and benchmarking, with Goldman Sachs projecting $7.6 trillion in global compute investments by 2031. Challenges include compute's non-static nature and lack of storage, but Ornn partners with Bloomberg Terminal and faces potential regulatory futures markets.

  • BUSINESSMay 26 · 13:33 UTCSEMAFOR
    The future of AI is an AI futures market

    Financial institutions and startups are developing a futures market for AI compute power, likened to oil trading, as demand for GPUs like Nvidia's Blackwell chip surges. ICE and CME Group plan GPU futures, with proponents claiming it could rival the $6 trillion energy market.