Larry Fink sees futures market emerging for computing power

BlackRock CEO Larry Fink has predicted the emergence of a futures market for computing power, Bloomberg Markets reports. The forecast reflects soaring demand for GPU and data center capacity driven by LLM training and inference at scale.

A commoditized futures market would allow cloud providers and AI ops teams to hedge compute costs and lock in capacity pricing. For infrastructure budgeting, standardized GPU futures could stabilize forecasting and reduce exposure to spot-price volatility in an increasingly constrained market.