Compute becomes a market when capacity can move.

Tensors is building a provider-neutral market for AI compute, connecting capacity available today with commitments for future delivery.

Compute supply needs a common language.

A buyer reserving an existing cluster and a developer offering future supply need clear, comparable terms. When commitments are difficult to transfer, capacity can remain tied to the first buyer even as its needs change.

A standardized contract gives the market something precise to trade. It describes the useful characteristics of capacity while leaving room for the hardware underneath to evolve.

Buyers could offer unused capacity for resale. Providers could source qualifying supply to meet their obligations where contracts allow. Market makers could quote buy and sell prices and hold capacity between transactions, helping participants with different schedules trade.

See how liquidity supports new infrastructure

Describe the delivery, not just the machine.

The unit of trade can be defined by performance and service requirements rather than a single accelerator model. That keeps a future commitment useful as the underlying hardware changes.

A contract may be tied to a named project or allow delivery across qualifying providers. Where replacement is permitted, the specification and acceptance process define what qualifies. The provider remains responsible for fulfillment and the cost of sourcing capacity.

Illustrative contract specification
Delivery windowQ3 2029
RegionVirginia, US
Performance classNormalized training capacity
Quantity18,000 capacity units / month
Duration36 months
SettlementPhysical delivery; qualifying replacement permitted

Illustrative example. Terms and units are conceptual.

A long commitment becomes easier to make when it can move.

  1. Issue

    A provider or infrastructure developer offers a defined amount of capacity for current or future delivery.

  2. Standardize

    The commitment is described by delivery, performance, location, duration, and settlement terms.

  3. Transfer

    The holder can offer the contract for resale or arrange an assignment under its transfer terms as needs change.

  4. Settle

    The provider delivers the agreed compute during the delivery window, using qualifying replacement capacity where the contract permits it.

Price future capacity with enough context to act.

A useful market surface can bring forward capacity, project progress, and delivery terms into one legible view. The goal is a clearer path from a market price to a physical compute decision.

Forward capacity Illustrative

Prices in USD per normalized compute-hour

Illustrative US East forward compute capacity, prices in US dollars per normalized compute-hour
DeliveryCompute classForward priceSelection
Performance A$3.20
Performance A$3.10
Performance A$3.00
Performance A$2.92
Forward curveUSD / compute-hour
Q1Q2Q3Q4
Q3 2029 · US East$3.00
Performance A and the normalized compute-hour are illustrative specifications. All contracts shown assume physical delivery.

Illustrative market preview. Values are conceptual and not live market data.

Build a market for what comes next.

Clear contracts can help existing capacity find its next buyer and future commitments support new supply.

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