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Nebius and CoreWeave Lift Nvidia GPU Prices by Up to 21%

By Tobi Opeyemi Amure

AI summary of the source article

Nebius posted updated on-demand pricing that raises selected Nvidia GPU-hour rates by 16.9% to 21.0%. The changes push HGX H100 rates from $3.85 to $4.50, HGX H200 from $4.50 to $5.40, HGX B200 from $7.15 to $8.50, and HGX B300 from $7.85 to $9.50, reflecting higher costs even on prior-generation hardware. Concurrently, CoreWeave reported securing short-dated compute contracts of three to six months priced at approximately $40 million per megawatt of annualized revenue, following an increase in total contracted power to roughly 4.2 gigawatts. The price hikes across both providers signal continued hardware scarcity rather than an accelerator capacity surplus.

Why it matters

Rising rental prices across both older and new-generation Nvidia accelerators indicate sustained chip scarcity rather than an oversupply of AI compute capacity.

Key facts

  • Nebius raised posted on-demand rates by 16.9% to 21.0% across HGX H100, H200, B200, and B300 accelerators.
  • CoreWeave signed three-to-six-month contracts priced at roughly $40 million per megawatt of annualized revenue.
  • CoreWeave's total contracted power reached approximately 4.2 gigawatts as of August 11.