Infrastructure Support Engineer

Silicon Data raises $30.5 million Series A to build the independent benchmark layer for the AI compute economy. Silicon Data, providing GPU performance data for companies, led by Carmen Li, and the team, has announced a $30.5 million initial closing of its Series A, led by the Valor Atreides AI Fund, with additional investment from CME Ventures, DRW, F-Prime, Samsung Next, VanEck, Further, Jump, Tectonic, and Wintermute. Breed, Hack, Blank VC, Sancus Ventures, and SoGal Ventures also participated. The Series A will support expansion across four areas: benchmark pricing, performance measurement through SiliconMark, institutional and alternative data, and risk infrastructure for derivatives, insurance, and credit markets. The funding comes as CME Group prepares to use Silicon Data benchmarks for its planned cash-settled GPU futures market, pending regulatory approval. The instrument would allow market participants to hedge exposure to changes in GPU rental prices using a published daily benchmark. Silicon Data CEO Carmen Li said compute is becoming a critical input for the global economy, while the infrastructure for measuring its value, performance, and risk remains underdeveloped. She said Silicon Data aims to provide the independent benchmarks needed to bring greater transparency and standardization to the compute market. Since raising a $4.7 million seed round in March 2025, Silicon Data has grown from a small data provider into a prominent player in compute economics, with more than 1,000 registered users across semiconductor manufacturers, AI companies, and financial institutions. The company has developed nine financial-grade indices covering GPUs and LLMs, alongside market intelligence and alternative datasets tracking supply, demand, utilization, pricing, and economics across the compute ecosystem. Part of the funding will support SiliconMark, which independently measures the real-world performance of GPU infrastructure. Identical GPUs can deliver different output depending on networking, topology, and configuration. By standardizing performance across clusters, SiliconMark can help market participants manage output risk and enable future physical delivery of compute resources. Atreides Management Managing Partner and CIO Gavin Baker said compute has become foundational to the AI economy, but lacks the pricing infrastructure that mature commodity markets use to manage risk. He said Silicon Data is building the benchmark and pricing layer needed to support compute futures and make large-scale AI infrastructure easier to finance. Valor Equity Partners Founder, CEO, and CIO Antonio Gracias said Silicon Data is building the measurement and market intelligence infrastructure needed as the compute economy expands. He highlighted the company's GPU pricing transparency and performance benchmarking as key tools for navigating market uncertainty and supporting the growth of AI infrastructure. Silicon Data spent two years building the pricing and performance data needed to support a compute futures market before one existed. The new funding will help establish common benchmarks across the compute ecosystem, giving buyers, sellers, exchanges, and financial institutions shared reference points. Remote Hire With Us: Menlo Talent helps technology companies hire exceptional remote talent from India. Build your team with carefully curated engineers, product leaders, designers, GTM professionals, and more. Learn More At: https://www.menlotimes.com/menlo-talent

Wintermute pivots to AI with $1B investment as crypto trading slumps. Key highlights. Table of Contents * Wintermute commits $1 billion across five years to build AI data centers and high-frequency trading capabilities * Target set for traditional markets to contribute over 50% of total revenue by late 2027, compared to current 10% * Average daily trading volumes declined to $10 billion in 2026 from $15 billion the previous year * US division secured broker-dealer license, enabling equity and options trading activities * Workforce expansion of approximately 40% planned for next year The London-headquartered crypto market maker Wintermute has unveiled plans to deploy approximately $1 billion over a five-year period to build high-frequency trading systems and artificial intelligence data center capabilities. This strategic shift represents a significant departure from the company's cryptocurrency-focused origins toward traditional asset classes including equities, commodities, and foreign exchange markets. Chief Executive Evgeny Gaevoy revealed to Bloomberg that traditional market activities currently account for roughly 10% of total company revenues. The ambitious goal is to push this figure past the 50% threshold before 2027 concludes. The entire investment program will be financed through accumulated profits rather than external capital. This strategic pivot arrives at a time when cryptocurrency market activity has cooled considerably. The firm's daily trading volumes have contracted to approximately $10 billion in 2026, representing a significant decline from the $15 billion recorded in 2025. Bitcoin prices have similarly retreated to roughly half the peak levels exceeding $126,000 seen in October. Despite market headwinds, institutional clients represented an unprecedented 72% of spot trading activity on Wintermute's over-the-counter platform during the first six months of 2026. The company maintained profitability throughout 2025 and forecasts continued positive earnings for the current year. Taking on established market leaders. Wintermute faces formidable competition from established high-frequency trading powerhouses including Jane Street, Citadel Securities, and XTX Markets. XTX currently processes over $250 billion in daily trading volume and has publicly committed approximately $1.15 billion toward constructing five data center facilities in Finland. Jane Street has similarly embarked on proprietary data center development. According to Gaevoy, success in these competitive markets extends far beyond mere latency optimization. The planned infrastructure will support quantitative model development and training while dramatically expanding computational power, data storage, and network throughput capabilities. The company initiated trading in exchange-traded funds and perpetual futures contracts linked to tangible assets throughout 2025. Round-the-clock exposure to West Texas Intermediate crude oil was introduced in March, followed by the launch of a prediction markets trading desk in early 2026. Regulatory approval unlocks growth opportunities. The United States division of Wintermute obtained broker-dealer registration last week. This regulatory milestone grants the firm authority to execute equity and stock option transactions while serving as an authorized participant in exchange-traded fund creation and redemption processes. Concurrent with this expansion, the organization intends to significantly bolster its New York presence beyond the current 17-person team and increase total worldwide personnel by roughly 40% throughout the coming year. This diversification strategy mirrors broader industry trends. Major cryptocurrency platforms including Coinbase, Binance, and Kraken have similarly extended their offerings into tokenized equity products and other instruments tied to conventional financial markets. Riot Platforms, primarily known for Bitcoin mining operations, recently executed a 20-year agreement with Anthropic securing 191 megawatts of data center capacity at its Rockdale facility in a transaction valued at approximately $9.1 billion, illustrating the growing convergence between cryptocurrency enterprises and the wider technology and financial services sectors. During the 2021 cryptocurrency bull cycle, Wintermute generated $582 million in profits, Forbes reported. Limited Time Offer Get 3 free stock ebooks. Discover top-performing stocks in AI, Crypto, and Technology with expert analysis. * Top 10 AI Stocks - Leading AI companies * Top 10 Crypto Stocks - Blockchain leaders * Top 10 Tech Stocks - Tech giants

Wintermute to pour $1B into AI, high-frequency trading amid TradFi expansion: Report. 48 seconds ago Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance. Crypto market maker Wintermute reportedly plans to invest up to $1 billion in artificial intelligence (AI) data center infrastructure and high-frequency trading over the next five years. The plans include scaling up Wintermute's non-crypto market activity to account for over 50% of its business by the end of 2027, up from the current 10%, Wintermute CEO Evgeny Gaevoy told Bloomberg. Wednesday's report said that as part of the plans, Wintermute will also double the staff in its 17-person New York office next year and expand its global headcount by about 40%. Cointelegraph has approached Wintermute for more details surrounding its expansion plans. More stories. * Default Comments (0) * Facebook Comments