- 01 Exposure Floating
- 02 Market Unpriced
- 03 Margin Uncovered
Compute is becoming one of the largest costs in an AI business. And one of the only costs nobody manages as a financial position. Torus measures the exposure, prices it against the market, and coordinates a strategy of hedges, capacity structure, and contract terms.
Fuel, power, and metals get measured, sized, and protected. GPU spend is still scattered bills and contracts. Cost floats while revenue often does not. That gap is the exposure.
Bills and contracts, converted into one compute position.
Each position versus the market for the same GPU, region, and term.
A strategy of hedges, capacity structure, and contract terms. Keep the risk you want. Transfer the rest.