gpu pricing: everyone on the record — The Minutes https://minutesof.com/on/gpu-pricing/ Everyone on the record about gpu pricing: 8 verbatim quotes from 2 people, October 2024 to August 2026, in one chronology, each with a timestamp and a… en Sun, 30 Aug 2026 22:33:00 +0000 Gavin Baker: Baker notes seven-month GPU rental price increase from mid-$2 to nearly $4 per hour is surprising https://minutesof.com/q/6ce1d298-3ee9-4421-94f2-57e60a6dfe4a/ https://minutesof.com/q/6ce1d298-3ee9-4421-94f2-57e60a6dfe4a/ “And they're hoping seven months later to pay just under $4. Like, you know, just you hear this today. And that's, like, that's pretty crazy” — Gavin Baker, Invest Like The Best Tue, 04 Aug 2026 12:00:33 +0000 gpu pricing Gavin Baker: Baker notes the startup is renting an identical B200 cluster seven months later at nearly double https://minutesof.com/q/73641bf3-de15-41da-9158-47174de4c752/ https://minutesof.com/q/73641bf3-de15-41da-9158-47174de4c752/ “They're renting the exact same cluster, exact same size cluster, essentially identical in every way, b two hundreds, no no differences.” — Gavin Baker, Invest Like The Best Tue, 04 Aug 2026 12:00:33 +0000 gpu pricing Gavin Baker: Baker reports a top startup rented several thousand Blackwells at mid-$2 per GPU hour recently. https://minutesof.com/q/95fedc70-6da2-46ad-b618-f4d20370df74/ https://minutesof.com/q/95fedc70-6da2-46ad-b618-f4d20370df74/ “And they had rented a cluster of several thousand black wells, And we'll just call it, you know, somewhere in the mid $2 per GPU hour.” — Gavin Baker, Invest Like The Best Tue, 04 Aug 2026 12:00:33 +0000 gpu pricing Gavin Baker: Baker reports inference cloud expects to pay 100% more for Blackwells when contracts expire, show https://minutesof.com/q/443a6457-4940-4dff-9022-a9659a14fe37/ https://minutesof.com/q/443a6457-4940-4dff-9022-a9659a14fe37/ “They went on a podcast, and they essentially said, we are planning to pay 100% more for Blackwell's when our contract expires. And that just means that essentially all the hyperscalers are under earning.” — Gavin Baker, Invest Like the Best Tue, 04 Aug 2026 08:00:00 +0000 gpu pricing Dylan Patel: Patel states GPU rental rates were $12-13 billion per gigawatt before recent increases. https://minutesof.com/q/c1abee78-d176-457f-8a5b-90e353f41471/ https://minutesof.com/q/c1abee78-d176-457f-8a5b-90e353f41471/ “GPUs, at least before the craziness of the last six months, usually went around 12 to $13,000,000,000 per gigawatt.” — Dylan Patel, Sequoia Capital Tue, 30 Jun 2026 12:00:25 +0000 gpu pricing Dylan Patel: Patel reports H100 rental prices increased from $1.71 per hour to over $2.40 in six months. https://minutesof.com/q/525bb53d-bbc6-4eaf-84ff-3b55976574fc/ https://minutesof.com/q/525bb53d-bbc6-4eaf-84ff-3b55976574fc/ “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.” — Dylan Patel, Aria Networks Thu, 16 Apr 2026 02:27:54 +0000 gpu pricing Dylan Patel: Patel reports seeing AI labs sign GPU rental deals at $2.40 per hour for H100s, well above initia https://minutesof.com/q/4203d5a5-7268-4115-a39f-6b148314d682/ https://minutesof.com/q/4203d5a5-7268-4115-a39f-6b148314d682/ “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.” — Dylan Patel, Dwarkesh Patel Fri, 13 Mar 2026 16:26:57 +0000 gpu pricing Dylan Patel: Patel reports H100 rental prices have dropped from $3-4 per hour to $2.15 or less, approaching na https://minutesof.com/q/e377715e-4aba-45ba-9b19-f37de850e568/ https://minutesof.com/q/e377715e-4aba-45ba-9b19-f37de850e568/ “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.” — Dylan Patel, Dwarkesh Patel Wed, 02 Oct 2024 14:59:36 +0000 gpu pricing