Ex-Citadel quant’s Hyperbolic builds a GPU marketplace to hedge AI demand risk
Photo: Crypto Briefing
As CoreWeave shares slide, Jasper Zhang's startup is pitching GPU capacity as something investors can actually hedge CoreWeave shares are sinking, and they are taking a good chunk of the AI trade down with them. That leaves investors with an awkward question: how do you protect yourself if the AI compute boom cools off? Jasper Zhang thinks he has an answer. Zhang, a former quantitative researcher at Citadel Securities, now runs Hyperbolic, a startup building a GPU marketplace designed to help investors hedge against a drop in AI demand.
Source: Crypto Briefing
