Tuesday, 02 January 2024 12:17 GMT

Silicon Data Appoints Syntax Data As Independent Index Calculation Agent, Advancing Institutional Infrastructure For Compute Risk Management


(MENAFN- ValueWalk) Silicon Data, the independent data and transparency layer for the compute economy, and Syntax Data, an institutional index provider and financial data and technology company, today announced that Syntax has been appointed index calculation agent for Silicon Data's benchmark index family covering GPU and AI infrastructure markets.

The appointment brings independent, third-party calculation to a set of benchmarks that increasingly serve as reference rates for a new asset class. Compute – the processing power required to train and run AI models – has historically traded through bilateral, opaque, and highly fragmented arrangements, with pricing that varies materially across providers, regions, hardware generations, and contract structures. Silicon Data 's rental indices, benchmarks, and forward curve have become the reference points...

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