AI computing power officially transforms into a financial commodity Wall Street giants CME and ICE are racing to launch GPU futures, kicking off the battle for pricing power in the AI era. Meanwhile, the crypto market has already jumped the gun, with DeFi leveraging permissionless innovation to roll out GPU perpetual contracts first. The financialization of computing power brings much-needed risk hedging tools but also hides risks of price manipulation and high-leverage liquidations. Who will stand out and seize the pricing power of computing power? One article to understand the evolution of the 'Bretton Woods system' in the computing power era