Flop Labs, an AI agent project led by Arthur Hayes, is building a GPU compute exchange for buying and selling computing resources. The project said Nvidia posted $89 billion in quarterly data-center compute sales, up 117% year over year, while GPU pricing remains unstandardized and often requires direct quotes from suppliers. On the platform, AI agents will use FLOP to purchase compute from miners, while validators will re-execute part of completed jobs to verify the pricing basis used in transactions.