How to give Jensen money

A Rent vs. Buy Calculator for your GPUs - toggle your GPU, cloud and financing options to see the best way to give Jensen your money

64
70%
Horizon
$73K
$75/GPU/mo

Net cost if you stopped at each month

What you have paid, plus what you still owe (contracts, loans, leases), minus what the hardware would sell for. 64 × H100 SXM at 70% utilization, in today's dollars at 14.9% cost of capital.

Rent Own
$0$1.00M$2.00M$3.00M$4.00M$5.00MTodayYear 1Year 2Year 3Owning pulls ahead · month 16RentOwn
Show the numbers
Net cost if you stopped at each month
MonthRentOwn
0$0$0
6$809K$924K
12$1.56M$1.61M
18$2.27M$2.22M
24$2.92M$2.76M
30$3.54M$3.25M
36$4.11M$3.68M
Owning saves $428K (10%) over 3 yr and pulls ahead for good in month 16. Buying wins above 62% utilization or when renting costs more than $3.45/hr per GPU.
Rent
Crusoe · H100 80GB HGX
$4.11M
Hours you use
$3.73MSpin-up & idle tails
$373K
Price$3.90/hr per GPU
BillingPer hour used
Per useful GPU-hour$4.29/hr
Cash out (undiscounted)$5.05M
Own
8 × HGX H100 server · 90 kW
$3.68M
Hardware
$2.62MColocation
$485KElectricity
$173KSetup engineering
$71KOps staff
$412KHardware upkeep
$126KSupport & insurance
$294KBandwidth & other
$98KRenting while you wait
$411KResale at end
−$1.01M
Up-front hardware$2.71M
Running cost$60K/mo
Per useful GPU-hour$3.84/hr
Cash out (undiscounted)$3.66M

Cost per useful GPU-hour vs utilization

Pay-as-you-go is flat: idle hours cost nothing. Owning and committing get cheaper the busier you keep the GPUs. The lines cross at 62%.

Your rent option Own Other rent options
$0.0$5.0$10$1510%25%50%75%100%Break-even 62%Your rent optionOwnMedian spot / marketCheapest 1-yr+ commit
Show the numbers
Cost per useful GPU-hour at each utilization
UtilizationCheapest 1-yr+ commitMedian spot / marketYour rent optionOwn
10%$22.4/hr$2.50/hr$4.29/hr$23.7/hr
15%$14.9/hr$2.50/hr$4.29/hr$16.0/hr
20%$11.2/hr$2.50/hr$4.29/hr$12.1/hr
25%$8.96/hr$2.50/hr$4.29/hr$9.80/hr
30%$7.47/hr$2.50/hr$4.29/hr$8.26/hr
35%$6.40/hr$2.50/hr$4.29/hr$7.15/hr
40%$5.60/hr$2.50/hr$4.29/hr$6.33/hr
45%$4.98/hr$2.50/hr$4.29/hr$5.68/hr
50%$4.48/hr$2.50/hr$4.29/hr$5.17/hr
55%$4.07/hr$2.50/hr$4.29/hr$4.75/hr
60%$3.73/hr$2.50/hr$4.29/hr$4.39/hr
65%$3.45/hr$2.50/hr$4.29/hr$4.10/hr
70%$3.20/hr$2.50/hr$4.29/hr$3.84/hr
75%$2.99/hr$2.50/hr$4.29/hr$3.62/hr
80%$2.80/hr$2.50/hr$4.29/hr$3.43/hr
85%$2.64/hr$2.50/hr$4.29/hr$3.26/hr
90%$2.49/hr$2.50/hr$4.29/hr$3.11/hr
95%$2.36/hr$2.39/hr$4.11/hr$2.95/hr
100%$2.24/hr$2.27/hr$3.90/hr$2.91/hr
Rent
$3.90/hr
Big buyers pay below list. Enter your own price, or compare against the committed options on the price board (CoreWeave advertises up to 60% off and Nebius up to 35% off for commitments).
0%
Today's prices for the whole horizon. It moves every rental price here: renting, renting while servers arrive or are down, and resold idle hours. A committed price holds for its term and renews at the price of the day.
+10%
Hours billed beyond useful work on on-demand, spot and serverless: spin-up, idle tails, spot interruptions. Ignored for committed options.
14.9%
Treasuries plus 10 points, about what venture lenders earned on their loans in Q2 2026 (12–15%). Use this if you would otherwise borrow. 3-year Treasuries yielded 4.85% on Oct 15, 2026, 4.91% a year compounded. Every payment is discounted at this rate: at 14.9%, $1 paid in 3 years is worth $0.66 today. That is how renting or borrowing can beat paying cash.
Own
$275K
$34K per GPU. Dell XE9680 8× H100 listed at $275K new (Viperatech) and $249K refurbished; range $225K–$350K.
$3.4K
NICs, switches, optics and cables for the GPU-to-GPU fabric (400G per GPU, non-blocking).
$205/kW/mo
Per kW of IT load reserved. You need 90 kW.
$0.089/kWh
0.75 FTE
At $250K/yr loaded. Someone has to swap the dead GPUs.
$73K
Designing the cluster, choosing a colo, contracts, network fabric, scheduler and acceptance tests, paid while you wait for delivery. Our estimate: 3.5 engineer-months at $250K/yr (3 plus 6 per 1,000 GPUs).
$75/GPU/mo
A managed service that watches the hardware, triages failures and handles part swaps, on top of the support contract and remote hands. Our estimate; set it to $0 if your own staff covers it. $58K a year for 64 GPUs.
3 mo
You keep renting at $3.90/hr until it arrives.
18%
This GPU's default: 18% a year for HGX servers (20% for NVL72 racks and PCIe-card servers, 25% for AMD and used A100s), so an HGX server keeps about 55% after 3 years. Mercatus puts 3-year-old H100s at 40–75% of list in 2026. Worth $1.53M at the end of the horizon.
97.0%
Hours lost to failures and maintenance. If you need more than this, the shortfall is rented on-demand.

Last refresh Oct 16, 19:17 UTC. Prices from provider APIs update hourly (AWS spot, Azure, Akash) or daily (AWS, Oracle Cloud, Verda, Modal, OpenRelay, GetDeploying market medians). The rest were read by hand, most recently Oct 2, 2026.

Rental prices for H100 SXM
Pricingvs owningSource
Mithril
H100 SXM5 1x
Spot
no commitment
$1.00$1.1071% cheapermithril.ai
checked Oct 2, 2026
Mithril
H100 SXM5 8x · 8 GPUs
Spot
no commitment
$1.50$1.6557% cheapermithril.ai
checked Oct 2, 2026
Spot, 7-day average; spot multi-node runs on same InfiniBand fabric as reservations.
Together AI
GPU Cluster HGX H100 (preemptible) · 8 GPUs
Spot
no commitment
$1.99$2.1943% cheapertogether.ai
checked Oct 2, 2026
"Preemptible Compute" column on Together pricing page.
Voltage Park
HGX H100 on-demand (starting at)
On-demand
no commitment
$1.99$2.1943% cheapervoltagepark.com
checked Oct 2, 2026
"On-demand access starts at $1.99/hr"; pricing table at https://www.voltagepark.com/pricing says contact for pricing. Ethernet tier 1-1016 GPUs, InfiniBand (3200 Gbps) tier 8-1016 GPUs, long-term reserve 6+ months…
GMI Cloud
H100 SXM "from"
On-demand
no commitment
$2.00$2.2043% cheapergmicloud.ai
checked Oct 2, 2026
Lowest "from" price on the pricing page; the page does not say whether it is on-demand or reserved.
Market median
H100, all variants
Spot
no commitment
$2.04$2.2541% cheapergetdeploying.com
weekly median
Median listed price across 10 providers (42 listings), week of 2026-09-28; range $0.54–$6.64. Mixes H100 SXM, PCIe and NVL listings. Data: GetDeploying (CC BY 4.0), from the copy saved with the site.
Verda
8H100.80S.176V · 8 GPUs
Spot
no commitment
$2.08$2.2940% cheaperverda.com
live
SF Compute
8x H100 SXM5 node (VM), market average · 8 GPUs
Marketplace
no commitment
$2.10$2.3140% cheaperold.sfcompute.com
checked Oct 2, 2026
Daily average H100 price embedded in old.sfcompute.com page payload (pricesByHardwareType.H100, date 2026-10-02: avg 2.10, top 2.88, bottom 1.30); /prices page payload read minutes later showed avg 2.11. Unclear…
Nebius
Preemptible H100 SXM
Spot
no commitment
$2.15$2.3638% cheaperdocs.nebius.com
checked Oct 2, 2026
Azure
ND96isr_H100_v5 · 8 GPUs · eastus
Spot
no commitment
$2.27$2.5035% cheaperazure.microsoft.com
live
Can be evicted at any time
Vultr
Bare metal vbm-112c-2048gb-8-h100-gpu (preemptible) · 8 GPUs
Spot
no commitment
$2.30$2.5334% cheapervultr.com
checked Oct 2, 2026
Denvr
8x H100 SXM, IB 3200G · 8 GPUs
On-demand
no commitment
$2.45$2.7030% cheaperdenvr.com
checked Oct 2, 2026
Per GPU-hour, per-minute billing. Reserved: "save up to 20%" (multi-month/annual, cluster size, prepayment); H200, GB200, B200, Gaudi 3, MI300X are reserved-only (no published rates).
CoreWeave
HGX H100 · 8 GPUs · North America
Spot
no commitment
$2.46$2.7129% cheapercoreweave.com
checked Oct 2, 2026
Akash Network
H100 80Gi
Marketplace
no commitment
$2.56$2.8227% cheaperakash.network
live
Median of recent provider bids on a decentralized network (range $2.04–$3.16); 69 GPUs listed, 3 free.
OpenRelay
H100 SXM
On-demand
no commitment
$2.60$2.8626% cheaperopenrelay.inc
live
Verified hosts. Billed per minute; storage and egress included.
io.net
H100 x1 US (vmaas)
On-demand
no commitment
$2.60$2.8625% cheaperapi.io.solutions
checked Oct 2, 2026
io.cloud VMaaS listing, external supplier; form factor unclear
RunPod
Community Cloud pod - H100 SXM
Community hosts
no commitment
$2.69$2.9623% cheaperrunpod.io
checked Oct 2, 2026
Paperspace
HGX H100 3-year commitment · 8 GPUs
Reserved
3 yr term
$2.24$3.2017% cheaperpaperspace.com
checked Oct 2, 2026
"$2.24/hour pricing is for a 3-year commitment."
Thunder Compute
Sandbox H100
Serverless
no commitment
$2.95$3.2516% cheaperthundercompute.com
checked Oct 2, 2026
Sandboxes billed per second, scale to zero; vCPU/RAM/storage billed separately; access by request.
Vultr
Bare metal vbm-112c-2048gb-8-h100-gpu · 8 GPUs
On-demand
no commitment
$2.99$3.2914% cheapervultr.com
checked Oct 2, 2026
Massed Compute
8x H100 SXM5 · 8 GPUs
On-demand
no commitment
$3.14$3.4510% cheapermassedcompute.com
checked Oct 2, 2026
Hyperbolic
H100 SXM on-demand (starting from)
On-demand
no commitment
$3.19$3.519% cheaperhyperbolic.ai
checked Oct 2, 2026
"Starting from" price; refreshed weekly from best available supplier rates. Reserved is "discounted prepaid", no published rates.
Hyperstack
H100 SXM
On-demand
no commitment
$3.20$3.528% cheaperhyperstack.cloud
checked Oct 2, 2026
Thunder Compute
h100_x1
On-demand
no commitment
$3.20$3.528% cheaperthundercompute.com
checked Oct 2, 2026
Same $3.20/GPU-hr for x1/x2/x4/x8 (x8 = $25.60/hr).
Market median
H100, all variants
On-demand
no commitment
$3.36$3.694% cheapergetdeploying.com
weekly median
Median listed price across 41 providers (134 listings), week of 2026-09-28; range $1.30–$12.29. Mixes H100 SXM, PCIe and NVL listings. Data: GetDeploying (CC BY 4.0), from the copy saved with the site.
AWS
p5.48xlarge · 8 GPUs · us-east-1
Savings plan
3 yr term, all upfront
$2.59$3.704% cheaperaws.amazon.com
live
EC2 Instance Savings Plan (locked to this instance family), all upfront, shown as the effective hourly rate.
AWS
p5.48xlarge · 8 GPUs · us-east-1
Reserved
3 yr term, all upfront
$2.59$3.704% cheaperaws.amazon.com
live
Standard Reserved Instance, all upfront, shown as the effective hourly rate.
Cerebrium
H100 ($0.000944/sec)
Serverless
no commitment
$3.40$3.743% cheapercerebrium.ai
checked Oct 2, 2026
CPU/RAM extra; H100 form factor not stated
AWS
p5.48xlarge · 8 GPUs · us-east-1
Spot
no commitment
$3.46$3.811% cheaperaws.amazon.com
live
Lowest current zone price in the region. Can be reclaimed with two minutes' notice.
Jarvislabs
H100 SXM (1-8 GPUs per instance)
On-demand
no commitment
$3.49$3.840% cheaperjarvislabs.ai
checked Oct 2, 2026
Rate from 2026-10-05.
RunPod
Secure Cloud pod - H100 SXM
On-demand
no commitment
$3.49$3.840% cheaperrunpod.io
checked Oct 2, 2026
Hyperstack
H100 SXM reservation "starting from" · 8 GPUs
Reserved
1 mo term
$2.72$3.891% morehyperstack.cloud
checked Oct 2, 2026
Scaleway
H100-SXM-8-80G · 8 GPUs · fr-par-2 (Paris)
On-demand
no commitment
$3.55$3.912% moreapi.scaleway.com
checked Oct 2, 2026
Public API price EUR 25.3308/hr per instance, converted at 1 EUR = 1.1225 USD (ECB rate 2026-10-02 via api.frankfurter.dev). Excludes VAT.
Verda
1H100.80S.30V reserved 24 mo
Reserved
2 yr term
$2.77$4.066% moreverda.com
checked Oct 2, 2026
Derived: on-demand $3.7 minus published 25% reserved discount for 24-month commitment.
Together AI
GPU Cluster HGX H100 reserved 7-30 days · 8 GPUs
Capacity block
8 days term, all upfront
$3.69$4.066% moretogether.ai
checked Oct 2, 2026
Reserved 7-30 days; reserved is pay upfront, up to 6 months on the clusters page; 181+ days contact sales. termMonths = shortest duration in the band.
Market median
H100, all variants
Contract
2 yr term
$2.83$4.117% moregetdeploying.com
weekly median
Median listed price across 3 providers (9 listings), week of 2026-09-28; range $2.59–$3.30. Mixes H100 SXM, PCIe and NVL listings. Data: GetDeploying (CC BY 4.0), from the copy saved with the site.
AWS
p5.48xlarge · 8 GPUs · us-east-1
Reserved
3 yr term
$2.97$4.2510% moreaws.amazon.com
live
Standard Reserved Instance, no upfront.
AWS
p5.48xlarge · 8 GPUs · us-east-1
Savings plan
3 yr term
$2.97$4.2510% moreaws.amazon.com
live
EC2 Instance Savings Plan (locked to this instance family), no upfront.
Market median
H100, all variants
Contract
3 yr term
$2.97$4.2510% moregetdeploying.com
weekly median
Median listed price across 5 providers (18 listings), week of 2026-09-28; range $2.49–$5.40. Mixes H100 SXM, PCIe and NVL listings. Data: GetDeploying (CC BY 4.0), from the copy saved with the site.
Crusoe
H100 80GB HGX
On-demand
no commitment
$3.90$4.2912% morecrusoe.ai
checked Oct 2, 2026
Modal
Nvidia H100 SXM5
Serverless
no commitment
$3.95$4.3413% moremodal.com
live
Billed per second, scales to zero. GPU functions can be preempted. Picking a region costs 1.15–1.75× more; CPU and memory are extra.
Lambda
8x NVIDIA H100 SXM · 8 GPUs
On-demand
no commitment
$3.99$4.3914% morelambda.ai
checked Oct 2, 2026
Together AI
GPU Cluster HGX H100 (on-demand) · 8 GPUs
On-demand
no commitment
$3.99$4.3914% moretogether.ai
checked Oct 2, 2026
Instant GPU Clusters, 8 to 256 GPUs, InfiniBand included, hourly, terminate anytime.
Market median
H100, all variants
Contract
6 mo term
$3.09$4.4115% moregetdeploying.com
weekly median
Median listed price across 9 providers (23 listings), week of 2026-09-28; range $2.58–$3.91. Mixes H100 SXM, PCIe and NVL listings. Data: GetDeploying (CC BY 4.0), from the copy saved with the site.
Market median
H100, all variants
Contract
1 mo term
$3.17$4.5318% moregetdeploying.com
weekly median
Median listed price across 10 providers (34 listings), week of 2026-09-28; range $1.53–$4.34. Mixes H100 SXM, PCIe and NVL listings. Data: GetDeploying (CC BY 4.0), from the copy saved with the site.
Market median
H100, all variants
Contract
3 mo term
$3.18$4.5418% moregetdeploying.com
weekly median
Median listed price across 5 providers (15 listings), week of 2026-09-28; range $2.30–$4.12. Mixes H100 SXM, PCIe and NVL listings. Data: GetDeploying (CC BY 4.0), from the copy saved with the site.
Together AI
GPU Cluster HGX H100 reserved 91-180 days · 8 GPUs
Reserved
3 mo term, all upfront
$3.19$4.5619% moretogether.ai
checked Oct 2, 2026
Reserved 91-180 days; reserved is pay upfront, up to 6 months on the clusters page; 181+ days contact sales. termMonths = shortest duration in the band.
Verda
8H100.80S.176V · 8 GPUs
On-demand
no commitment
$4.17$4.5919% moreverda.com
live
Formerly DataCrunch. 2-year reservations are 25% off.
DigitalOcean
GPU Droplet H100 SXM 12-month reserved · 8 GPUs
Reserved
1 yr term
$3.26$4.6621% moredigitalocean.com
checked Oct 2, 2026
Market median
H100, all variants
Contract
1 yr term
$3.26$4.6621% moregetdeploying.com
weekly median
Median listed price across 13 providers (35 listings), week of 2026-09-28; range $2.14–$8.03. Mixes H100 SXM, PCIe and NVL listings. Data: GetDeploying (CC BY 4.0), from the copy saved with the site.
Lambda
1x NVIDIA H100 SXM
On-demand
no commitment
$4.29$4.7223% morelambda.ai
checked Oct 2, 2026
DigitalOcean
GPU Droplet H100 SXM (1 or 8 GPUs) · 8 GPUs
On-demand
no commitment
$4.41$4.8526% moredigitalocean.com
checked Oct 2, 2026
Verda
1H100.80S.30V reserved 12 mo
Reserved
1 yr term
$3.40$4.8627% moreverda.com
checked Oct 2, 2026
Derived: on-demand $3.7 minus published 8% reserved discount for 12-month commitment.
Cirrascale
8x NVIDIA H100 (standalone), 12-month term ($19,999/server/month) · 8 GPUs
Contract
1 yr term
$3.42$4.8927% morecirrascale.com
checked Oct 2, 2026
Together AI
GPU Cluster HGX H100 reserved 31-90 days · 8 GPUs
Reserved
1 mo term, all upfront
$3.45$4.9328% moretogether.ai
checked Oct 2, 2026
Reserved 31-90 days; reserved is pay upfront, up to 6 months on the clusters page; 181+ days contact sales. termMonths = shortest duration in the band.
Nebius
NVIDIA HGX H100 VM (1 or 8 GPUs)
On-demand
no commitment
$4.50$4.9529% morenebius.com
checked Oct 2, 2026
Price effective October 1, 2026 (was $3.85 before). Billed per second. Commitments: "up to 35% less" for multi-month large-cluster reservations, no published rates. InfiniBand on 8-GPU HGX clusters.
Google Cloud
a3-highgpu-8g (DWS Flex-start) · 8 GPUs · us-central1
Capacity block
no commitment
$4.79$5.2737% morecloud.google.com
checked Oct 2, 2026
Flex-start: waits in a queue until capacity is free, then runs at most 7 days, billed per use. A3 High; DWS prices are variable and Google says they will be updated Nov 2026. Same value shown on accelerator-optimized…
Google Cloud
a3-highgpu-1g (DWS Flex-start) · us-central1
Capacity block
no commitment
$4.79$5.2737% morecloud.google.com
checked Oct 2, 2026
Flex-start: waits in a queue until capacity is free, then runs at most 7 days, billed per use. A3 High 1-GPU shape: Flex-start or Spot only; DWS prices are variable and Google says they will be updated Nov 2026. Same…
RunPod
Serverless flex worker - H100 PRO 80GB
Serverless
no commitment
$4.79$5.2737% morerunpod.io
checked Oct 2, 2026
Cirrascale
8x NVIDIA H100 (standalone), 6-month term ($22,499/server/month) · 8 GPUs
Contract
6 mo term
$3.85$5.5043% morecirrascale.com
checked Oct 2, 2026
Google Cloud
a3-megagpu-8g (DWS Flex-start) · 8 GPUs · us-central1
Capacity block
no commitment
$5.04$5.5444% morecloud.google.com
checked Oct 2, 2026
Flex-start: waits in a queue until capacity is free, then runs at most 7 days, billed per use. A3 Mega; DWS prices are variable and Google says they will be updated Nov 2026. Same value shown on accelerator-optimized…
Google Cloud
a3-highgpu-8g · 8 GPUs · us-central1
Capacity block
no commitment
$5.20$5.7249% morecloud.google.com
checked Oct 2, 2026
A3 High; DWS Calendar mode: future reservation of 1-90 days, pay for full reserved duration; 8-GPU shapes only
AWS
p5.48xlarge · 8 GPUs · us-east-1
Savings plan
1 yr term, all upfront
$4.05$5.7850% moreaws.amazon.com
live
EC2 Instance Savings Plan (locked to this instance family), all upfront, shown as the effective hourly rate.
Cirrascale
8x NVIDIA H100 (standalone), 3-month term ($23,749/server/month) · 8 GPUs
Contract
3 mo term
$4.07$5.8151% morecirrascale.com
checked Oct 2, 2026
Replicate
gpu-h100 ($0.001525/sec)
Serverless
no commitment
$5.49$6.0457% morereplicate.com
checked Oct 2, 2026
private deploys bill setup+idle; H100 form factor not stated
Replicate
gpu-h100-8x ($0.0122/sec) · 8 GPUs
Serverless
no commitment
$5.49$6.0457% morereplicate.com
checked Oct 2, 2026
private deploys bill setup+idle
Google Cloud
a3-megagpu-8g · 8 GPUs · us-central1
Capacity block
no commitment
$5.50$6.0557% morecloud.google.com
checked Oct 2, 2026
A3 Mega; DWS Calendar mode: future reservation of 1-90 days, pay for full reserved duration; 8-GPU shapes only
Lambda
1-Click Cluster H100, 256 GPUs · 256 GPUs
Capacity block
15 days term
$5.54$6.0959% morelambda.ai
checked Oct 2, 2026
Cirrascale
8x NVIDIA H100 (standalone), 1-month term ($24,999/server/month) · 8 GPUs
Contract
1 mo term
$4.28$6.1259% morecirrascale.com
checked Oct 2, 2026
AWS
p5.48xlarge · 8 GPUs · us-east-1
Savings plan
1 yr term
$4.33$6.1961% moreaws.amazon.com
live
EC2 Instance Savings Plan (locked to this instance family), no upfront.
Lambda
1-Click Cluster H100, 64 GPUs · 64 GPUs
Capacity block
15 days term
$5.85$6.4367% morelambda.ai
checked Oct 2, 2026
Paperspace
H100 80GB
On-demand
no commitment
$5.95$6.5570% morepaperspace.com
checked Oct 2, 2026
Footnote: "On-demand pricing for H100 is $5.95/hour under our special promo price." Page looks stale; DigitalOcean GPU Droplets is the current product.
AWS
p5.48xlarge · 8 GPUs · us-east-1
Savings plan
3 yr term, all upfront
$4.58$6.5570% moreaws.amazon.com
live
Compute Savings Plan, all upfront, shown as the effective hourly rate.
AWS
p5.48xlarge · 8 GPUs · all regions (non-GovCloud)
Capacity block
no commitment
$5.97$6.5771% moreaws.amazon.com
checked Oct 2, 2026
Announced on the pricing page: $5.97/accelerator-hour effective 2026-10-07 in all available Regions. Instance price = per-GPU x 8 (computed). P6e-GB200 UltraServer and Trainium prices unchanged. The lower non-US P5…
AWS
p5.4xlarge · all regions (non-GovCloud)
Capacity block
no commitment
$5.97$6.5771% moreaws.amazon.com
checked Oct 2, 2026
Announced on the pricing page: $5.97/accelerator-hour effective 2026-10-07 in all available Regions. Instance price = per-GPU x 1 (computed). P6e-GB200 UltraServer and Trainium prices unchanged. Per-accelerator rate…
CoreWeave
HGX H100 · 8 GPUs · North America
On-demand
no commitment
$6.16$6.7776% morecoreweave.com
checked Oct 2, 2026
Lambda
1-Click Cluster H100, 16 GPUs · 16 GPUs
Capacity block
15 days term
$6.16$6.7876% morelambda.ai
checked Oct 2, 2026
1-Click Clusters: term 2 weeks to 1 year (termMonths = 2-week minimum). InfiniBand included. 1 year+ is contact sales.
Google Cloud
a3-highgpu-8g · 8 GPUs · us-central1
Reserved
3 yr term
$4.86$6.9481% morecloud.google.com
checked Oct 2, 2026
A3 High; 3-yr resource-based committed use discount (Compute Resource CUD), billed monthly
Baseten
Dedicated deployment H100 80GiB ($0.10833/min)
Serverless
no commitment
$6.50$7.1586% morebaseten.co
checked Oct 2, 2026
per-minute billing; H100 MIG 40GiB $0.0625/min also listed
AWS
p5.48xlarge · 8 GPUs · us-east-1
Savings plan
3 yr term
$5.05$7.2288% moreaws.amazon.com
live
Compute Savings Plan, no upfront.
AWS
p5.48xlarge · 8 GPUs · us-east-1
Savings plan
1 yr term, all upfront
$5.06$7.2288% moreaws.amazon.com
live
Compute Savings Plan, all upfront, shown as the effective hourly rate.
Google Cloud
a3-megagpu-8g · 8 GPUs · us-central1
Reserved
3 yr term
$5.08$7.2689% morecloud.google.com
checked Oct 2, 2026
A3 Mega; 3-yr resource-based committed use discount (Compute Resource CUD), billed monthly
Google Cloud
a3-highgpu-8g · 8 GPUs · us-central1
Spot
no commitment
$6.62$7.2889% morecloud.google.com
checked Oct 2, 2026
A3 High; current Spot price (variable, preemptible); same value on accelerator-optimized page
Google Cloud
a3-highgpu-1g · us-central1
Spot
no commitment
$6.62$7.2889% morecloud.google.com
checked Oct 2, 2026
A3 High 1-GPU shape: Flex-start or Spot only; current Spot price (variable, preemptible); same value on accelerator-optimized page
AWS
p5.48xlarge · 8 GPUs · us-east-1
On-demand
no commitment
$6.88$7.5797% moreaws.amazon.com
live
Google Cloud
a3-megagpu-8g · 8 GPUs · us-central1
Spot
no commitment
$6.99$7.69100% morecloud.google.com
checked Oct 2, 2026
A3 Mega; current Spot price (variable, preemptible); same value on accelerator-optimized page
Azure
ND96isr_H100_v5 · 8 GPUs · eastus
Reserved
3 yr term
$5.40$7.71101% moreazure.microsoft.com
live
Reserved VM instance, paid up front or monthly
AWS
p5.48xlarge · 8 GPUs · us-east-1
Savings plan
1 yr term
$5.42$7.74101% moreaws.amazon.com
live
Compute Savings Plan, no upfront.
Azure
ND96isr_H100_v5 · 8 GPUs · eastus
Reserved
5 yr term
$4.92$10.3168% moreazure.microsoft.com
live
Reserved VM instance, paid up front or monthly
Google Cloud
a3-highgpu-8g · 8 GPUs · us-central1
Reserved
1 yr term
$7.67$11.0185% morecloud.google.com
checked Oct 2, 2026
A3 High; 1-yr resource-based committed use discount (Compute Resource CUD), billed monthly
Oracle Cloud
BM.GPU.H100.8 · 8 GPUs · all regions
On-demand
no commitment
$10.00$11.0186% moreoracle.com
live
Bare metal. Committed discounts are negotiated, not published.
Azure
ND96isr_H100_v5 · 8 GPUs · eastus
Reserved
1 yr term
$7.87$11.2192% moreazure.microsoft.com
live
Reserved VM instance, paid up front or monthly
Google Cloud
a3-megagpu-8g · 8 GPUs · us-central1
Reserved
1 yr term
$8.03$11.5198% morecloud.google.com
checked Oct 2, 2026
A3 Mega; 1-yr resource-based committed use discount (Compute Resource CUD), billed monthly
Google Cloud
a3-highgpu-8g · 8 GPUs · us-central1
On-demand
no commitment
$11.06$12.2217% morecloud.google.com
checked Oct 2, 2026
A3 High; on-demand list, us-central1 (page default region)
Google Cloud
a3-megagpu-8g · 8 GPUs · us-central1
On-demand
no commitment
$11.68$12.8234% morecloud.google.com
checked Oct 2, 2026
A3 Mega; on-demand list, us-central1 (page default region)
Azure
ND96isr_H100_v5 · 8 GPUs · eastus
On-demand
no commitment
$12.29$13.5252% moreazure.microsoft.com
live
ND H100 v5 with InfiniBand

“Your cost” is what each GPU-hour of real work costs at your utilization and horizon: pay-as-you-go prices plus overhead, committed prices divided by utilization. “vs owning” compares it with owning at $3.84/hr. List prices, mostly US regions.

Median on-demand price, week by week

H100 SXM: $2.95/hr in the week of Sep 2025, $3.36/hr now (+14%), median across 41 providers. The H100 series includes PCIe and NVL cards. Data: GetDeploying (CC BY 4.0), weekly medians.

H100 SXM Other GPUs
$0.0$2.0$4.0$6.0$8.0Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026B200H200H100 SXMA100 80GB