What an hour of a datacenter GPU costs, from sources that don't agree with each other: Ornn's daily index of executed trades, SemiAnalysis's index (shown as weekly averages), Nebius on-demand list prices, the H100 contract band and the DRAM cycle. Sources stay separate and are never averaged together.
Sources: Ornn OCPI (daily) · SemiAnalysis GPU Rental Price Index (weekly averages of its daily index, complete Mon–Sun weeks, plotted at week end) · Nebius (daily observations of its public rate card)
Source: TrendForce DataTrack, Mainstream DRAM Spot Price. Quarterly averages of TrendForce's monthly series, complete quarters only.
Source: SemiAnalysis GPU Rental Price Index (index and contract band, weekly). Ornn and Nebius averaged weekly here for comparison.