Patel reports H100 rental prices have dropped from $3-4 per hour to $2.15 or less, approaching natural cost of $1.40.
“An hour. Right? For shorter term or midterm deals. Right now, it's like, if you want a six month deal, you could get, like, $2.15 or less.”
Patel reports seeing AI labs sign GPU rental deals at $2.40 per hour for H100s, well above initial $1.40 cost.
“I've seen deals where certain AI labs I'm be a little bit vague here for a reason, have signed at as high as $2.40 for two to three years.”
Patel reports H100 rental prices increased from $1.71 per hour to over $2.40 in six months.
“And just in the last six months, it's gone from, you know, deals for one year transacting at $171.60 an hour for h 1 hundreds to now $2.40 plus.”
Patel states GPU rental rates were $12-13 billion per gigawatt before recent increases.
“GPUs, at least before the craziness of the last six months, usually went around 12 to $13,000,000,000 per gigawatt.”