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Cloud Provider Hikes GPU Costs
17 Sep
Summary
- Nebius will increase pay-as-you-go Nvidia chip prices from October 1.
- This is the second price increase by Nebius in three months.
- Rival CoreWeave also reported signing contracts at higher prices.
Nebius, a prominent cloud provider, declared on Thursday, September 17, 2026, that it will implement a price increase for its pay-as-you-go leasing of select Nvidia chips. This adjustment is scheduled to take effect on October 1, 2026.
This upcoming price hike represents the second such increase from Nebius within the past three months. The rising costs reflect a substantial surge in demand for computing power required to train and operate artificial intelligence models.
Further underscoring this trend, a competitor, CoreWeave, stated on the same day that it is actively signing new contracts at elevated price points, indicating a market-wide escalation in GPU leasing costs.
