AI computing power is getting more expensive faster than Nebius expected
The price per megawatt rose again at Nebius's auction on Tuesday, Marc Boroditsky, the company's chief revenue officer, told CNBC. He said prices are rising faster than Nebius expected and that if the company brought its 2027 capacity online, it would sell out. Chase Lochmiller, CEO of Crusoe, says his company is renting out older Nvidia chips, the A100 and H100, at higher prices today than right after their launch.