CFTC Commissioner Says Agency Is Working With Commerce Department to Help US Lead Global AI Computing Market

The U.S. Commodity Futures Trading Commission is working with the Commerce Department to help the U.S. secure a leading position in the global artificial intelligence computing market.

Cointelegraph reported on Aug. 20 that CFTC Commissioner Mike Selig said the agency is cooperating with the Commerce Department to help the U.S. lead the global AI computing market.

The CFTC is reviewing markets for trading computing resources and the regulatory framework around them as it expects their importance to grow alongside the expansion of the AI industry.