On September 27th, He Yang, Deputy Director of the Cloud Computing and Big Data Research Institute at the China Academy of Information and Communications Technology (CAICT), highlighted that the swift advancement of artificial intelligence (AI) has fueled a continuous surge in demand for computing power, leading to a steady expansion of the market. Consequently, there is a pressing need to establish a market-driven pricing and risk management framework to cater to this escalating demand. Meanwhile, the international market has already started to roll out financial products related to computing power. The Cloud Computing and Big Data Research Institute at CAICT has also dedicated nearly two years to in-depth exploration of computing power finance, making notable strides in areas such as the development of a computing power financial index system, computing power billing standards, and derivative products like computing power futures.
At present, as we stand at a pivotal juncture transitioning from theoretical research to industrial application, it is imperative to proactively design systems and nurture the market to pave the way for future innovative advancements. In summary, China is initially positioned to embark on research and exploration into computing power futures. However, several critical hurdles must be surmounted before officially introducing well-developed computing power futures products.
