Nebius Is Raising the Price of Its AI Compute on Oct. 1. Here's What That Says About the Shortage.
Key PointsNebius' on-demand hourly rates for four Nvidia GPU models climb between 17% and 21% on Oct. 1.
Nebius Group (NBIS) is set to increase the price of its AI compute services on October 1, raising the on-demand rate for an Nvidia B300 GPU from $7.85 per hour to $9.50, a 21% increase. This move by the artificial intelligence cloud company comes at a time when the capital expenditures are projected to reach $20 billion to $25 billion, while the revenue is forecasted to be between $3 billion and $3.4 billion.
The price hike may suggest the acute shortage of AI computing supply, as companies with rapid capacity building often struggle to fill the demand. However, the increase affects only a smaller portion of Nebius's business.
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