Cloud GPU market, January 2025

A review generated from the history reconstructed from a public price catalog, not written by hand: 4 weekly points, week of January 6, 2025 to week of January 27, 2025. Second-hand data: we vouch that the catalog published each number on that date; every figure links to the exact commit. See the methodology for how the index is built.

Frozen on September 11, 2026: these figures are the ones first published for January 2025 and are not recomputed as the data changes. If a later recomputation reads differently, the difference is listed at the end of the page with its date, and nothing above is replaced. Every month as data: /market/months.json.

In numbers

• At the end of January 2025, 4 providers listed an on-demand H100 SXM rate in the panel (4 quotes), against no comparable month before it. The month’s last weekly point is the week of January 27, 2025 to February 2, 2025, which had not closed when the month was frozen: its figures are that week’s level as read on February 2, 2025 — provisional at freeze, not the week’s close.
• The base-100 H100 index closed January 2025 at 100.0, and stands above the base week of January 6, 2025 (= 100) by 0.0%. The index moves only when a provider’s listed price changes, never when the panel does.
• The dollar median stood at $7.24 per H100 GPU-hour across 4 providers. Read the median as a level with its panel size; a provider joining or leaving moves it.
• No listed on-demand price moved week to week during January 2025.
• Cheapest listed on-demand rates in the week of January 27, 2025: NVIDIA H100 SXM $2.99 on Lambda (europe-central-1) (source).

Weekly points

February 2025 → · All months · Price Index

Cite this page

Published under CC BY 4.0: use and redistribute with attribution and a link. Cite the linked source for a price itself, and cite us for the normalization, the index and the comparison. Figures are month-end values for January 2025, from the history reconstructed from a public price catalog.

Data updated: November 5, 2026