Pluto

The regulated derivatives exchange for AI infrastructure

Pluto builds a CFTC-regulated commodities exchange for AI infrastructure, starting with standardized GPU contracts (e.g., H100, A100) and expanding to inputs like power and rare earth metals. It aims to provide a regulated marketplace and forward curve for compute derivatives to hedge GPU price volatility for AI companies, data centers, and funds.

Step through Pluto’s homepage year by year — the pitch, the product and the design, as the web remembers them.

Each year opens the Wayback Machine capture closest to that date.