Nebius Raises AI Compute Prices as Stock Rises Premarket

Overview

• Nebius announced on Sept. 17 that it will raise rates across key AI offerings effective Oct. 1, prompting the stock to jump about 9% in premarket trading.
• The price changes set Nvidia GPU hourly rates higher — H100 to $4.50 (+17%), H200 to $5.40 (+20%), B200 to $8.50 (+19%) and B300 to $9.50 (+21%) — and boost AMD Genoa CPU and memory charges by about 25% and 41% respectively.
• The update first circulated on social platforms such as X and Reddit and then reached broader outlets, and rival cloud names also rose with CoreWeave up roughly 6% and Iren up about 5% in premarket moves.
• The hikes follow Nebius’s breakout Q2, when revenue reached $582 million (up 454% year over year) with AI cloud sales up 514%, and come as the company plans very large near‑term capex and to expand contracted power to about 5 GW for 2026.
• Despite the pricing power signal, Nebius remains unprofitable, carries heavy capital and power commitments, faces financing and dilution risks and has seen roughly $173 million in insider stock sales over the past year, so investors will watch whether higher rates materially improve cash flow.