CME Group partners with Silicon Data to launch world’s first computing power futures market

A measure of daily spending on AI usage has fallen since its peak in May — although interpreting what the decline means is challenging. The Silicon Data LLM Token Expenditure Index (SDLLMTK) is a daily snapshot of the state of the market. It draws data from a multitude of providers and produces a blended rate, expressed in US dollars per one million tokens. The Index currently stands at 1.62, an increase from the index’s inception in December last year, but down 20% lower than its peak in May. Because the index weights frontier model and open-weight model usage differently, it’s difficult to identify the causes of the decline. Are enterprises pushing vendors to lower prices? That won’t be good news for those AI businesses going for an IPO, Is there a backlash against AI as some organizations are finding the downsides? There has been some public reaction to job losses and the attack on human creativity, causing AI supporters to be booed at university campuses. And there is also resistan

At an internal meeting, the Meta CEO reportedly said that AI development efforts were not moving as quickly as anticipated.

CME's 24/7 crypto trading enhances market accessibility and competitiveness, aligning with global digital asset rhythms and institutional needs. The post CME Group reports June average daily volume of 30.6M contracts, up 19% year-over-year appeared first on Crypto Briefing.

The FTC's stance complicates AI development, requiring companies to balance bias mitigation with legal compliance, impacting innovation strategies. The post US FTC warns AI bias safeguards may violate consumer law appeared first on Crypto Briefing.

The restriction highlights the tension between national security and technological innovation, impacting global collaboration and AI development. The post Trump administration restricts access to Anthropic’s Mythos 5 for foreign entities appeared first on Crypto Briefing.

Draftkings has taken more of its prediction-markets stack in-house, launching DKeX and shifting trading away from third-party infrastructure such as CME Group and Crypto.com, though the company has not publicly framed the move as a formal termination of those relationships. From renting rails to owning the exchange Draftkings launched DKeX on June 26, a proprietary […]

Agents-A1's success suggests a paradigm shift in AI development, emphasizing task complexity over parameter size, potentially reducing costs. The post Agents-A1 achieves 1T-model performance through long-task training, not bigger parameters appeared first on Crypto Briefing.

Rising beef prices and supply constraints may drive increased market volatility, impacting consumer costs and influencing investment strategies. The post CME Group launches trading contracts for beef products as prices surge appeared first on Crypto Briefing.