DRW's Don Wilson wants to make AI chips a market bigger than oil. He talks GPU futures, a "crunch spread" for computing power, possible token futures and CoreWeave credit worries.

Don Wilson, founder and CEO of DRW, returned to the Odd Lots Chicago live show at City Winery, a year after saying he wanted to build a GPU market bigger than oil. He discussed what has changed in that effort, including his take on the recent tech selloff and credit concerns around neocloud CoreWeave. He also covered DRW's development of a "crunch spread"—the GPU equivalent of a crack spread—plus plans to launch GPU futures and possible token futures. A related Bloomberg article notes Jump and DRW betting on a new compute market as the AI boom faces scrutiny.

✨ AI summary of the linked source — not editorial content.

Explore the topic

• Markets
• GPU
• AI