Harry Huang (@harrywy) profile picture

Founder & CEO of Mercatus AI @mercatus_ai — the exchange for AI inference tokens. Base Batch 004 Ex-Jump, ex-Meta, ex-Citadel

Seattle, WA
Joined August 2011
Photo by Harry Huang (@harrywy)Photo by Harry Huang (@harrywy)Photo by Harry Huang (@harrywy)
Don’t listen to what they say. Watch what they do!
$META president says a newly elected governor who made data centers a campaign issue asked to meet after inauguration: “As soon as we get past the inauguration, let's meet, because we don't want to lose this investment in our town." "We don't want these jobs to go elsewhere.”
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A few years ago, @elonmusk asked: “Where is Jack Ma?” as China cracked down on its tech entrepreneurs. Now a US congresswoman @RepYassAnsari threatening @elonmusk with “See you soon” after he criticized her call to pause advanced AI. This smells like the beginning of political witch hunt. If yes, will it be the beginning of US tech crachdown ?
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OpenAI’s agreement with Georgia Power includes up to 1 GW of flexible power demand at its planned campus. As inference becomes a critical input for businesses, knowing today’s price isn’t enough. Buyers need ways to secure future capacity and manage its cost.
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B300 hourly prices are all over my feed, but I’m not seeing people refer to Silicon Data or Ornn. CME plans cash-settled compute futures using Silicon Data. If a benchmark isn’t a shared reference in the physical market, how much confidence can it give hedgers?
last month i was begging gpu providers for b300s at $7.9/hr now they're begging me to take them at $4.6/hr, no commitment something big is happening soon. ai gave us all its dessert and now it's time for the veggies
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Looking at it from a positive perspective, they do this to prevent the chip stocks in your portfolio from crashing even more drastically...
If you’re wondering why Amazon $AMZN is junking 2-3 year old $NVDA H100 and H200 chips (storage or destroying) instead of selling them… the answer is simple… If a flood of H100 and H200 chips hit secondary markets it would absolutely destroy hyperscalers revenue.
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hack.x.fish/BN261030/ Nice summary.
更新下 BN 10/30日 被盗事件进展 截止 31 日零点
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Bitget last month. Binance and Polymarket this week. Now Chainalysis disclosing a breach. AI can read through code, spot weaknesses, and help attackers try more ideas at a fraction of the cost. Defenders have to keep up every day. Attackers only need one good day.
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And this.
POLYMARKET USERS REPORT THAT FRONTEND MAY BE COMPROMISED, AND ASSETS ARE BEING WITHDRAWN WITHOUT PERMISSION: DISCORD
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Holly, something is cooking
BWENEWS: Binance Hot Wallet looks to be getting drained for about $2.53B in 60+ tokens on Ethereum ———— unconfirmed etherscan.io/tx/0x53bd38b816… 方程式新闻: Binance热钱包似乎正遭遇约25.3亿美元的以太坊上60多种代币的盗取——未经证实 ETH (Auto match could be wrong, 自动匹配可能不准确)
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A lot of us have posted about our submissions to the CFTC's compute derivatives RFC. How many of us have had time to read through the other comments?
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AI/chips getting crushed all week. If the VARA liquidation rumor is true, maybe that’s the final flush. Forced sellers out, rebound next?
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Excellent work!
1 in contract review phase 3 customers quoted Remaining prospects in discovery and requirements discussions One month 10+ pipeline $50M contract
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🔥
Tribeca is the global exchange for tokenized stocks and derivatives on @Base. Join the waitlist: tribeca.xyz
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Everyone is talking about hedging in compute markets: futures, derivatives, credits... Financing structures are popping up everywhere. But most are skipping a fundamental question: Who is actually on the other side of the trade?
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2/ A hedging instrument doesn't create liquidity. You need natural counterparties, speculators willing to warehouse risk, and market makers who can price and manage that exposure. Without them, you're just designing contracts nobody wants to trade.
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Thanks @baseposting for the spotlight! Our mission is to bring transparent price discovery, liquidity, and hedging to AI compute. Starting with inference forwards, building toward a global compute market. Excited to build on @base!
BASE BATCHES 004 TEAM: Mercatus AI (@mercatus_ai) is building an open exchange for AI inference on Base. Spot market for pay-as-you-go usage, plus monthly forwards that settle in inference tokens, priced in a standard unit so usage is comparable across models.
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