Refile: Nebius hikes AI cloud prices again as demand for computing power soars

Nebius NV

17/09/2026 16:39

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Sept 17 (Reuters) - Cloud provider Nebius NBIS.O said on Thursday it will raise pay-as-you-go prices for leasing selected Nvidia NVDA.O chips from October 1, marking the company's second price hike in three months.
Demand for computing capacity to train and run AI models is surging; rival CoreWeave said earlier in the day that it is signing contracts at higher prices. 
 
 
Here are some details:
Rates for selected Nvidia graphics processing units will rise between 17% and 21%.
On-demand rates for some central processing units, made by AMD and Intel, and memory offerings have also been hiked.
Prices of some CPU-only instances will rise by 25% and those of memory offerings by about 41%, the company said.
The Amsterdam-based neocloud firm said that customers reserving large-scale clusters for multiple months can receive commitment discounts.
Nebius' price increases follow a quarter of rapid growth in its AI cloud business, as the company signed four customer contracts averaging more than $1 billion each.
Neocloud firms like Nebius rent out high-powered chips and data center infrastructure needed for AI models.

 (Reporting by Anand Gopal and Prathik Jayaprakash in Bengaluru; Editing by Sahal Muhammed)
 ((Prathik.Jayaprakash@thomsonreuters.com; +91 9916364306))