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AI compute is the new oil—and needs a new market

economist.com 22.10.2026 11:07 6 views
Financial firms race to create instruments to trade processing power

Financial firms race to create instruments to trade processing power A RTIFICIAL INTELLIGENCE is changing many things about the modern world. Language is no exception. The word “compute”, for instance, used to be regarded as a verb.

Today even grammar pedants grudgingly accept it as a noun, referring to the processing power generated by advanced chips. This new, non-verbal compute is the fuel of a technological revolution. Who will buy $120bn-worth of fresh Japanese government bonds?

It’s not just Commerzbank: Italians are eating up German business To enhance your experience and ensure our website runs smoothly, we use cookies and similar technologies. Registered in England and Wales. No. 236383 | Registered office: The Adelphi, 1-11 John Adam Street, London, WC2N 6HT | VAT Reg No: GB 340 436 876

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