China is building a market to trade AI's 'biggest currency' and it is aimed straight at the US
China is designing a futures market to trade AI tokens, the basic units that power AI models and price AI services, in a direct challenge to the United States. The Shanghai Futures Exchange is in early stages of building token futures contracts, while US exchanges like CME and ICE prepare rival GPU compute futures. With China's daily token usage hitting 140 trillion, the move marks a new front in the US-China AI race.
China is designing a futures market to trade AI tokens, the basic units that power AI models and price AI services, in a direct challenge to the United States. The Shanghai Futures Exchange is in early stages of building token futures contracts, while US exchanges like CME and ICE prepare rival GPU compute futures. With China's daily token usage hitting 140 trillion, the move marks a new front in the US-China AI race.
