- Nebius will raise on-demand Nvidia GPU pricing effective Oct 1: H100 to $4.50 per GPU-hour (up 17%), H200 to $5.40 (up 20%), B200 to $8.50 (up 19%), and B300 to $9.50 (up 21%).
- The move is Nebius' second price increase in months, following a May hike of 29% for on-demand and 51% for spot capacity; the B300 rate is up about 56% from its pre-May level of roughly $6.10 per hour.
- Order visibility now extends beyond 24 months from about 18 months, with some customers placing orders for Q1 and Q2 2028 covering tens of thousands of GPUs.
- Neocloud peers rallied on the pricing news, with CoreWeave up about 6% and IREN up about 5%, signaling tight AI compute supply across the sector.
- Nebius grew Q2 revenue 454% year over year to $582 million and guided to $3.2 billion in full-year revenue with an $8 billion annualized run rate at the midpoint.
Quotes
“AI demand remains off the charts. [Nebius] raising prices 20% is just another example of that demand.”
“Nebius is reportedly raising prices across its GPU cloud services, underscoring tight supplies of artificial intelligence computing capacity.”
“These price adjustments reflect the strong demand for AI compute, which currently outstrips supply, and indicate the bargaining power of cloud providers”