AI compute market signals
Market WatchIndex Status

Last updated May 17, 2026, 6:00 AM EDT

Market

Market

AI compute pricing, capacity, and availability signals.

Track H100-equivalent cloud pricing, spot compute, training economics, inference cost, and GPU availability across the AI infrastructure market. Enterprise pricing stable · Observed market rate stable · Spot market easing · Availability slightly improved.

6 measuresIndex family

CT-MKT tracks observed market movement.
CT-SPOT tracks interruptible compute pricing.
CT-GPUA measures practical GPU availability.
CT-COST tracks enterprise AI cloud pricing.
CT-TRAIN converts pricing into standard training cost.
CT-INFER converts pricing into standard inference cost.

Current Snapshot

Current ComputeTape Index Snapshot

Live value cards with daily move and signal text. Last updated May 17, 2026, 6:00 AM EDT.

CT-MKT

AI Compute Market Rate

Value
$6.60 / market H100e-hr
Daily move
n/a
Status
Stable
Signal
Daily observed H100-equivalent market rate across qualified hyperscaler, AI-native cloud, and developer GPU cloud capacity.

CT-SPOT

AI Spot Compute Index

Value
$2.73 / spot H100e-hr
Daily move
-2.6%
Status
Looser
Signal
Interruptible and spot H100-equivalent compute pricing.

CT-GPUA

GPU Availability Index

Value
70.0 / 100 availability
Daily move
0 pts
Status
Slightly improved
Signal
Practical AI GPU availability on a 0-100 scale.

CT-COST

Enterprise AI Cloud Cost Index

Value
$8.41 / H100e-hr
Daily move
0.0%
Status
Stable
Signal
Realistic enterprise-grade H100-equivalent AI cloud pricing across major hyperscaler and AI-native cloud providers.

CT-TRAIN

AI Training Cost Index

Value
$70,866 / training run
Daily move
0.0%
Status
Stable
Signal
Estimated infrastructure cost to train a standard 7B dense model on 1 trillion tokens.

CT-INFER

AI Inference Cost Index

Value
$3.40 / 1M tokens
Daily move
0.0%
Status
Stable
Signal
Estimated infrastructure cost to generate 1 million output tokens from a standard 70B-class inference workload.

Pressure

Market Pressure

A daily read on whether enterprise AI compute markets are tightening, easing, or staying stable. Enterprise AI compute markets remain stable overall. Headline enterprise pricing is unchanged, and the observed market rate is stable in the CT-MKT v1 basket. Spot capacity softened slightly. GPU availability improved modestly, though reliable large-cluster access remains constrained. Updated daily · Last updated May 16, 2026. Power conditions are a key driver of compute availability.

StableEnterprise pricing

Headline enterprise rates are unchanged.

StableObserved market rate

CT-MKT daily move: Daily n/a.

EasingSpot market

Interruptible capacity improved across tracked providers.

Slightly improvedGPU availability

Access improved, but reliable large clusters remain constrained.

View Power Watch

Providers

Provider Price Board

Snapshot values for normalized H100-equivalent pricing across tracked AI cloud providers. Prices distinguish enterprise on-demand, qualified market, secure cloud, spot, and capacity-style products.

ProviderSegmentGPUModeRegionRaw $ / GPU-hrH100e $ / hrAdjusted H100e $ / hrAvailabilityConfidenceLast checkedSource
AWSHyperscalerH100on-demandUS$6.88$6.88$7.22Quota GatedHighMay 16, 2026, 4:00 AM EDT
AzureHyperscalerH100on-demandUS$12.29$12.29$12.90Quota GatedHighMay 16, 2026, 4:00 AM EDT
OracleHyperscalerH200on-demandUS$10.00$8.70$8.96Available LimitedHighMay 16, 2026, 4:00 AM EDT
CoreWeaveAi Native CloudH100on-demandUS$6.16$6.16$6.34Available LimitedHighMay 16, 2026, 4:00 AM EDT
CrusoeAi Native CloudH100on-demandUS$5.80$5.80$5.97Available LimitedMediumMay 16, 2026, 4:00 AM EDT
NebiusAi Native CloudH100cloudEU/US$5.25$5.25$5.41Available LimitedMediumMay 16, 2026, 4:00 AM EDT
LambdaDeveloper Gpu CloudH100on-demandUS$4.25$4.25$4.25AvailableMediumMay 16, 2026, 4:00 AM EDT
RunPod SecureDeveloper Gpu CloudH100secure-cloudUS$2.99$2.99$3.08Available LimitedMediumMay 16, 2026, 4:00 AM EDT
Qualified Marketplace MedianQualified MarketplaceH100qualified-marketplaceUS/EU$3.80$3.80$3.91Available LimitedMediumMay 16, 2026, 4:00 AM EDT

Calculation

CT-MKT Calculation Notes

CT-MKT uses segment medians across hyperscalers, AI-native clouds, developer GPU clouds, and qualified marketplace observations. Prices are normalized into H100-equivalent GPU-hours and adjusted for availability friction. MVP observations are research estimates until source polling is automated.

40 / 35 / 20 / 5Segment basket

Hyperscalers 40%, AI-native clouds 35%, developer GPU clouds 20%, qualified marketplace 5%.

9Included observations

Mixed / Medium-High confidence. Low-confidence and unavailable observations are excluded.

ct-mkt-v1Calculation version

Last observed May 16, 2026, 4:00 AM EDT.

Access

Capacity Board

Availability and access signals for major AI compute providers.

ProviderH100H200B200 / GB200MI300XLarge ClusterQuota FrictionStatus
AWSYesYesEmergingNoStrongHighConstrained
AzureYesYesEmergingSomeStrongHighConstrained
OracleYesYesEmergingNoStrongMediumLimited
CoreWeaveYesYesEmergingNoStrongMediumAvailable / tight
LambdaYesSomeNoNoModerateLow/MedAvailable
RunPodYesSomeNoSomeLowerLowVariable
CrusoeYesSomeEmergingNoStrongMediumExpanding
NebiusYesSomeEmergingNoStrongMediumExpanding

Interruptible

Spot Market Board

Interruptible and spot GPU prices can move faster than enterprise list prices. These signals inform CT-SPOT and market pressure, not CT-COST.

ProviderGPUSpot / Interruptible $Daily MoveAvailabilityNotes
CoreWeaveH100$2.46-1.2%ModerateSpot supply improved
RunPodH100$2.40-$3.10-2.0%VariableMarketplace depth varies
VastH100$1.80-$2.80-3.5%VariableQuality varies
AWSH100UnavailableFlatRegion-specificEnterprise-grade spot
LambdaH100UnavailableFlatLimitedTrack if available

Spot and marketplace capacity may be interruptible, region-limited, or unsuitable for large training clusters.