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Hyperscalers’ Listed GPU Prices Nearly Double GPU-Cloud’s

Fluence published a report on November 13, 2026, comparing GPU cloud prices for companies outside frontier AI labs and hyperscalers. The report says hyperscalers list H100, H200 and B200 GPUs at 1.98 times the GPU-cloud median, with the same H200 listed at $4.08 to $10.60 an hour.

Compared with each provider’s on-demand rate, a one-year reservation cuts the median price by 21% and a three-year term by 48%, the report says. Spot capacity lists at 53% of on-demand prices, but is for workloads that can be interrupted. Separately, GetDeploying tracked price increases for 17 of 22 GPU models over the past year; the median H100 rental price rose 13% to 30%, depending on the period measured.

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