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Carmen Li

πŸ‘€ Speaker
328 total appearances
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Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

It's always start like that.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

And then someone told me that.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

And then we try to Polymarket say, hey, do you want to do something, you know,

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

more real.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

So we did February settled and April settled a few contracts on Polymarket just to test the water.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Right.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Obviously, we're exclusively with CME right now.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

But yeah, so I think obviously you have to do it right.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Right.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Licensing nominal, right.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

All the right things.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Yeah.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

I you know, I don't market can do whatever they want and then people will choose the best product for them to use.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

the ones you mentioned they mostly are closed source models as we call it right but they do have some open source versions but they're famous for their closed source models so we actually track 300 open source open weights closed source models globally from pricing and consumption point of view it is really interesting if we have actually you know we haven't really formally launched lm token indices you can kind of look at bloomberg and it's on bloomberg what's interesting is

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

people are depends it's all based on your choices right now the price actually doubled final indices from now from december 1st last year it's like 2.21 dollar per million token it's a mixture of input open token prices average weighted by consumption by basket models it's not here this is gpu unfortunately

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

So you're looking at the dollar per GPU per hour rental rate on demand for three chips.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

The top one, the yellow line, is B200 Neo Cloud on demand per GPU per hour.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Sorry, it's a mouthful.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

The line, the yellow line is interesting, right?

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

So every new chip we came out, based on historical data, A100, H100, usually came out to be high.