Link In The News

Bloomberg-sourced reporting says quantitative trading giants Jump Trading and DRW are deploying dedicated trading teams and proprietary capital into the nascent AI compute derivatives market, with Jump Trading set to provide market-making for the GPU compute futures contracts Intercontinental Exchange (ICE) is launching in partnership with Ornn, competing against CME Group's rival contracts with Silicon Data.

A blog post discusses new public research from Mercor that maps 29 widely-used AI benchmarks against the U.S. Department of Labor's O*NET occupational task taxonomy, finding that roughly 90% of U.S. working hours fall into tasks that current AI benchmarks barely measure.

A Moneywise article syndicated on Yahoo Finance and AOL about a viral TikTok trend of Americans ignoring medical bills quotes healthcare reform advocate Jeff Smedsrud on negotiating hospital bills with providers.

Major quantitative trading firms Jump Trading and DRW are committing dedicated trading teams and proprietary capital to market-make new AI compute derivatives, including contracts on Intercontinental Exchange (ICE) built on Ornn AI's Compute Price Index (OCPI), alongside competing CME/Silicon Data contracts.

A profile (citing Forbes and The Wall Street Journal) of Mercor co-founder Surya Midha describes how he, Brendan Foody and Adarsh Hiremath dropped out of college in 2023 to found the AI-recruiting-turned-data-labeling startup Mercor, which reached a $10 billion valuation in late 2025, making all three 22-year-old founders among the world's youngest self-made billionaires.

Citing Bloomberg, PANews reports that quantitative trading giants Jump Trading and DRW are deploying dedicated teams and proprietary capital to become market makers in the emerging AI compute derivatives market, including the GPU compute futures contracts being launched by ICE in partnership with Ornn.