Exclusive: China works on AI token futures market, sources say, in race with US
β’ China is designing a new futures market specifically for AI tokens to help investors and companies hedge the rising costs of artificial intelligence. β’ This initiative represents a strategic shift compared to U.S. exchanges, which are currently focusing on developing compute power futures. β’ The move highlights the intensifying technological race between China and the U.S. to establish dominant financial infrastructure for the AI sector.
reuters.com