H100 Rental Benchmarks Show Mixed Signals on AI Compute Costs

Rental prices for NVIDIA’s H100 data-center GPU present different readings across two measures, leaving no single market-wide rate: a transaction index fell over seven days but rose over 30, while advertised prices were higher in a weekly snapshot. A transaction-based index for H100 SXM settled at $2.74 per GPU-hour at 4 p.m. ET (20:00 UTC) on Oct. 16. It was down 1.8% over seven days and up 4.6% over 30 days. The index reflects completed neocloud rental transactions, weighted by volume and adjusted to limit outliers. A separate index of advertised on-demand rates put the provisional median at $3.53 per H100 GPU-hour for Oct. 12–18. It drew on 36 listed rates from 34 providers as of Oct. 16 at 11:40 p.m. ET (Oct. 17 at 3:40 a.m.

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