Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
Don Wilson on the GPU Market's Trillion Dollar Question
When we spoke to Don Wilson, founder and CEO of DRW, in Chicago last year, he told us he wanted to build a market for GPUs that would eventually be bigger than oil. A year's time in the age of AI is an eternity, and so for the first episode of this year's Chicago live show - recorded at City Winery - Wilson joins us on stage again to talk about what's changed and what hasn't in his quest to help build this market. We get his take on the recent tech selloff, including credit concerns around neocloud CoreWeave. And we also discuss how DRW is developing a “crunch spread” (the GPU version of a crack spread), the latest on his plans to launch GPU futures, and the possibility of token futures too.
Read more: Jump, DRW Bet on New Compute Market as AI Boom Faces Scrutiny
Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox, plus unlimited access to the site and app. bloomberg.com/subscriptions/oddlots
See omnystudio.com/listener for privacy information.