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Traci Alloway

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1271 total appearances
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Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

And I think others will find it interesting, too.

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

And we really do have the perfect guest.

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

We're speaking with Carmen Lee.

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

She is the CEO of Compute Exchange and Silicon Data.

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

These are the two companies that Wilson is invested in.

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

And they've already announced that they're doing futures with the CME.

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

So really the perfect person to speak to.

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

So take a listen.

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

Last October, we spoke with Don Wilson of DRW fame, and he was talking to us about his new project, which was basically building out this compute exchange.

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

Now we're here with you six months later.

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

You're actually the one leading it.

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

How far are you in this endeavor?

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

And remind us, what exactly are you trying to do here?

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

Let's talk about the variety of options that we have to financialize compute and so forth.

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

So this came up in the first conversation we had with Ian Dunning.

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

Who is the type of buyer

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

who would want to buy compute on a spot market?

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

Because you talk about typically we think it's like these multi-year contracts where some entity enters into a contract with a data center or a new cloud, whatever, and they have this for a while.

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

So who is the buyer or the user of these instruments that might want to buy spot compute or very short-term, short-dated compute futures?

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

So the NeoCloud would be the shell in this example.