Global spending on artificial intelligence compute reached about $360 billion last year and is projected by Boston Consulting Group to hit $2.3 trillion by 2030.
The compute supply chain features chipmakers selling advanced semiconductors to equipment manufacturers, data-centre operators, and cloud providers.
New startups and exchanges such as Compute Exchange, Anera Labs, and Luxor are developing futures, swaps, and over-the-counter instruments for compute rentals.