Silicon Lien · Research · Data & trackers

Compute Infrastructure Data & Trackers

Public data on GPU pricing, compute demand, and infrastructure financing.

GPU pricing and earning capacity

Public rental observations provide market context for what GPU capacity may earn. Source measures remain separate because products, configurations, and pricing methods differ.

Exact specifications
7
data-center GPU set
Active sources
3
RunPod, Vast.ai, CoreWeave
Latest data date
2026-10-19
archived + scheduled observations

Daily data-center GPU rental prices

Select an exact GPU. Vast.ai supplies the archived history and prospective scheduled captures; RunPod and CoreWeave begin July 24. Hover or tap for the measure and price.

Source:RunPod · lowestVast.ai · medianCoreWeave · catalog
Continuity:consecutive observationsone or more missing dates

Swipe or scroll horizontally to move through history. The latest observations are at the right.

B200 180GB daily rental prices by sourceSource-specific daily GPU rental price observations. Vast.ai provides an archived platform-median history followed by scheduled prospective captures; other sources begin when collection starts. $0 $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 07/22 08/06 08/21 09/05 09/20 10/05 10/19

Selected historical H100 price observations

Selected dated observations from 7 first-party or archived pages.

Swipe horizontally for later dates.

Current data-center GPU snapshot — October 19, 2026

Latest UTC-date prices by source and exact GPU. Per-GPU-hour prices may still differ in bundle, region, configuration, service and availability. A dash means no qualifying observation.

Swipe or scroll horizontally to view every source.

GPU specificationRunPodLowest on-demandVast.aiPlatform medianCoreWeavePublished catalog rateAvailability not reported
B200 180GB—$9.25n=1 capture$8.60
H200 SXM 141GB$3.59—$6.31
H200 NVL 141GB—$4.47n=1 capture—
H100 SXM 80GB$2.69$2.40n=1 capture$6.16
H100 NVL 94GB—$3.01n=1 capture—
H100 PCIe 80GB—$2.59n=1 capture—
L40 48GB$0.69$0.46n=1 capture$1.25

Methodology and underlying data

Methodology and data quality

Exact model, form factor and memory are preserved; source measures remain separate. H100 NVL uses NVIDIA's 94GB specification. Vast.ai uses its archived first-party platform median through July 27, 2026; subsequent daily points are the median of scheduled captures of its current platform median. RunPod shows its lowest on-demand price; CoreWeave shows its published catalog rate.

RunPod and CoreWeave observations begin July 24. Downloads cover July 24 onward and include metric definitions, availability fields and timestamps where reported.

Download: daily market data (CSV) underlying observations (JSON)

Public data—not contracted revenue, utilization, transaction prices, appraisals, liquidation values or investment advice. Marketplace and catalog rates remain separate; history is limited.

Compute demand

Disclosed seller backlog provides a quarterly view of contracted demand, although the balances include non-GPU services.

Disclosed backlog by seller — quarterly tracker

Microsoft, Oracle, Alphabet, and Amazon now report roughly $2.33T of combined backlog, about $1.13T more than in September 2025. OpenAI represented 45% of Microsoft’s December RPO; holding that dollar amount flat implies about 41.5% in June. Microsoft also reported 25% growth in ex-OpenAI RPO.

$0B$200B$400B$600BMar-25Jun-25Sep-25Dec-25Mar-26Jun-26Microsoft $315B (Mar-25). Commercial RPO, quarterly 10-Q/10-K/releaseMicrosoft $368B (Jun-25). Commercial RPO, quarterly 10-Q/10-K/releaseMicrosoft $392B (Sep-25). Commercial RPO, quarterly 10-Q/10-K/releaseMicrosoft $625B (Dec-25). Commercial RPO, quarterly 10-Q/10-K/releaseMicrosoft $627B (Mar-26). Commercial RPO, quarterly 10-Q/10-K/releaseMicrosoft $678B (Jun-26). Commercial RPO, quarterly 10-Q/10-K/releaseMicrosoft $678BOracle $138B (Jun-25). Total RPO; fiscal quarter-ends May/Aug/Nov/Feb mapped to nearest tickOracle $455B (Sep-25). Total RPO; fiscal quarter-ends May/Aug/Nov/Feb mapped to nearest tickOracle $523B (Dec-25). Total RPO; fiscal quarter-ends May/Aug/Nov/Feb mapped to nearest tickOracle $553B (Mar-26). Total RPO; fiscal quarter-ends May/Aug/Nov/Feb mapped to nearest tickOracle $638B (Jun-26). Total RPO; fiscal quarter-ends May/Aug/Nov/Feb mapped to nearest tickOracle $638BAlphabet $106B (Jun-25). Revenue backlog, mostly Google Cloud; Mar-26 = $467.6B total revenue backlog in the Q1 10-QAlphabet $155B (Sep-25). Revenue backlog, mostly Google Cloud; Mar-26 = $467.6B total revenue backlog in the Q1 10-QAlphabet $242.8B (Dec-25). Revenue backlog, mostly Google Cloud; Mar-26 = $467.6B total revenue backlog in the Q1 10-QAlphabet $467.6B (Mar-26). Total revenue backlog; $462.3B related to Google CloudAlphabet $519.5B (Jun-26). Revenue backlog, mostly Google Cloud; Mar-26 = $467.6B total revenue backlog in the Q1 10-QAlphabet $519.5BAmazon $195B (Jun-25). Performance obligations, primarily AWSAmazon $200B (Sep-25). Performance obligations, primarily AWSAmazon $244B (Dec-25). Performance obligations, primarily AWSAmazon $364B (Mar-26). Performance obligations, primarily AWSAmazon $496B (Jun-26). Performance obligations, primarily AWSAmazon $496BOpenAI = 45% (disclosed)~41.5% (implied)Oracle $130B (fiscal Q3 ended Feb-25; reported Mar-25). Total RPO; fiscal quarter-ends mapped to nearest tickAlphabet $92.4B (Mar-25). Revenue backlog, mostly Google CloudAmazon $189B (Mar-25). Performance obligations, primarily AWS

Series from quarterly filings and releases. Alphabet’s March point is the $467.6B total revenue backlog reported in its Q1 10-Q; $462.3B related to Google Cloud.

Cadence: updated each earnings season; last updated Aug 4, 2026. Scope: total contracted future services per seller, including non-GPU services. Read the dated analysis.

Infrastructure financing

Identified data-center and GPU debt maturities — August 2026

We identified $74.2B of funded or issued principal. Each bar assigns the latest disclosed amount to the instrument’s legal maturity year. This is an exposure map and a disclosure-based floor, not principal due in each year or total sector debt.

CoreWeaveApplied DigitalTeraWulfAbernathy JVIRENCipherNebiusGalaxy Helios IILender-filed private borrowers

As of: August 13, 2026. Undrawn commitments are excluded. Read the dated analysis for methodology and alternate views.

Underlying legal-maturity rows (57)

These are the source rows used in the chart. Amounts are the latest funded, outstanding, held, drawn, or issued principal identified in the cited filings.

Swipe or scroll horizontally to view every column.

Issuer / instrumentAmount / basisAmount as ofLegal maturitySource
Cirrascale Cloud Services
12.7% equipment financing loan
$2.060M
Lender-held funded principal
Jun. 30, 2026Sep. 1, 2026Filing
Aug. 5, 2026
Cirrascale Cloud Services
10.2% equipment financing loan
$3.349M
Lender-held funded principal
Jun. 30, 2026Apr. 1, 2027Filing
Aug. 5, 2026
Applied Digital
Starion term loan
$3.900M
Principal outstanding
May 31, 2026Jul. 2027Filing
Jul. 29, 2026
CyrusOne Revolving Warehouse
SOFR + 2.95% loan
$159.318M
Lender-held funded principal
Jun. 30, 2026Jul. 2, 2027Filing
Aug. 12, 2026
Applied Digital
Starion Ellendale loan
$8.108M
Principal outstanding
May 31, 2026Feb. 2028Filing
Jul. 29, 2026
CoreWeave
DDTL 1.0
$1.300B
Principal outstanding
Jun. 30, 2026Mar. 2028Filing
Aug. 12, 2026
QTS Project Ram
SOFR + 2.25% term loan
$47.015M
Lender-held funded principal
Jun. 30, 2026May 29, 2028Filing
Aug. 10, 2026
CoreWeave
Magnetar loan
$189M
Principal outstanding
Jun. 30, 2026Jan. 2029Filing
Aug. 12, 2026
Applied Digital
Cornerstone Bank loan
$9.910M
Principal outstanding
May 31, 2026Mar. 2029Filing
Jul. 29, 2026
Nebius
2.00% convertible senior notes
$587.5M
Principal outstanding
Jun. 30, 2026Jun. 2029Filing
Aug. 12, 2026
CoreWeave
Revolving credit facility August draw
$1.200B
Subsequent draw disclosed
Aug. 2026Nov. 2029Filing
Aug. 12, 2026
IREN
3.5% convertible senior notes
$233.389M
Remaining principal
Mar. 31, 2026Dec. 15, 2029Filing
May 15, 2026
Aligned Data Centers International
7.2232% loan
$468.600M
Lender-held principal
Mar. 31, 2026Dec. 18, 2029Filing
May 29, 2026
Abernathy JV
7.25% senior secured notes
$1.300B
Principal issued
Dec. 29, 20252030Filing
Aug. 5, 2026
TeraWulf
2.75% convertible senior notes
$500M
Principal outstanding
Jun. 30, 2026Feb. 1, 2030Filing
Aug. 5, 2026
Cipher
1.75% convertible notes
$172.5M
Principal outstanding
Jun. 30, 2026May 15, 2030Filing
Aug. 4, 2026
Applied Digital
2.75% convertible notes
$450M
Principal outstanding
May 31, 2026Jun. 2030Filing
Jul. 29, 2026
CoreWeave
9.25% senior notes
$2.000B
Principal outstanding
Jun. 30, 2026Jun. 2030Filing
Aug. 12, 2026
IREN
3.25% convertible senior notes
$212.310M
Remaining principal
Mar. 31, 2026Jun. 15, 2030Filing
May 15, 2026
CoreWeave
DDTL 2.0
$3.190B
Principal outstanding
Jun. 30, 2026Aug. 2030Filing
Aug. 12, 2026
CoreWeave
DDTL 3.0
$2.215B
Principal outstanding
Jun. 30, 2026Aug. 2030Filing
Aug. 12, 2026
Nebius
1.00% convertible senior notes
$1.8184B
Principal outstanding
Jun. 30, 2026Sep. 2030Filing
Aug. 12, 2026
TeraWulf
7.75% senior secured notes
$3.200B
Principal outstanding
Jun. 30, 2026Oct. 15, 2030Filing
Aug. 5, 2026
Cipher
Cipher Compute 7.125% senior secured notes
$1.733B
Principal outstanding
Jun. 30, 2026Nov. 2030Filing
Aug. 4, 2026
Ark Data Centers
SOFR + 4.75% term loans
$11.100M
Implied funded principal
Jun. 30, 2026Nov. 27, 2030Filing
Aug. 6, 2026
Applied Digital
9.25% senior secured notes
$2.350B
Principal outstanding
May 31, 2026Dec. 15, 2030Filing
Jul. 29, 2026
Hyscaleix Data Centers Holdings
SOFR + 5.50% first-lien term loan
$5.959M
Lender-held funded principal
Mar. 31, 2026Jan. 29, 2031Filing
May 14, 2026
CoreWeave
9% senior notes
$1.750B
Principal outstanding
Jun. 30, 2026Feb. 2031Filing
Aug. 12, 2026
Nscale Services UK Ltd. (Nscale group)
SOFR + 5.00% first-lien DDTL
$13.968M
Funded principal held across three reporting funds
Jun. 30, 2026Feb. 1, 2031Filing
Aug. 10, 2026
Cipher
Black Pearl 6.125% senior secured notes
$2.000B
Principal outstanding
Jun. 30, 2026Feb. 15, 2031Filing
Aug. 4, 2026
CoreWeave
DDTL 2.1
$3.000B
Principal outstanding
Jun. 30, 2026Mar. 2031Filing
Aug. 12, 2026
Nebius
1.25% convertible senior notes
$3.105B
Principal outstanding including contractual accretion
Jun. 30, 2026Mar. 2031Filing
Aug. 12, 2026
Applied Digital
6.75% senior secured notes
$2.150B
Principal outstanding
May 31, 2026Mar. 15, 2031Filing
Jul. 29, 2026
Cipher
Stingray Compute 6% senior secured notes
$810M
Principal outstanding
Jun. 30, 2026Jun. 2031Filing
Aug. 4, 2026
Nebius
3.00% convertible senior notes
$612.5M
Principal outstanding
Jun. 30, 2026Jun. 2031Filing
Aug. 12, 2026
Applied Digital
ComputeCo 3 7% senior secured notes
$1.590B
Principal issued
Jun. 16, 2026Jun. 15, 2031Filing
Jun. 16, 2026
IREN
0% convertible senior notes
$1.000B
Remaining principal
Mar. 31, 2026Jul. 1, 2031Filing
May 15, 2026
Galaxy Helios II
9.875% senior secured notes
$3.507B
Principal issued
Jul. 28, 2026Aug. 1, 2031Filing
Jul. 28, 2026
CoreWeave
DDTL 5.5 August draw
$1.200B
Subsequent draw disclosed
Aug. 2026Sep. 2031Filing
Aug. 12, 2026
TeraWulf
1% convertible senior notes
$1.000B
Principal outstanding
Jun. 30, 2026Sep. 1, 2031Filing
Aug. 5, 2026
CoreWeave
9.75% senior notes
$2.750B
Principal outstanding
Jun. 30, 2026Oct. 2031Filing
Aug. 12, 2026
Cipher
0% convertible notes
$1.300B
Principal outstanding
Jun. 30, 2026Oct. 1, 2031Filing
Aug. 4, 2026
CoreWeave
DDTL 5.0 drawn portion
$1.101B
Principal outstanding
Jun. 30, 2026Nov. 2031Filing
Aug. 12, 2026
CoreWeave
1.75% convertible senior notes
$2.588B
Principal outstanding
Jun. 30, 2026Dec. 2031Filing
Aug. 12, 2026
Retained Vantage Data Centers
9.5% senior subordinated loan
$399.449M
Funded principal held across two reporting funds
Jun. 30, 2026Dec. 1, 2031Filing
Aug. 11, 2026
CoreWeave
DDTL 4.0 drawn portion
$2.837B
Principal outstanding
Jun. 30, 2026Mar. 2032Filing
Aug. 12, 2026
TeraWulf
0% convertible senior notes
$1.025B
Principal outstanding
Jun. 30, 2026May 1, 2032Filing
Aug. 5, 2026
EdgeConneX MCN US Finance Co 1
SOFR + 6.00% senior subordinated loan
$182.081M
Funded principal held across two reporting funds
Jun. 30, 2026Jun. 1, 2032Filing
Aug. 11, 2026
IREN
0.25% convertible senior notes
$1.150B
Remaining principal
Mar. 31, 2026Jun. 1, 2032Filing
May 15, 2026
CoreWeave
8.50% EUR senior notes
$2.279B
USD-equivalent principal outstanding
Jun. 30, 2026Jul. 2032Filing
Aug. 12, 2026
CoreWeave
9.625% senior notes
$1.250B
Principal outstanding
Jun. 30, 2026Jul. 2032Filing
Aug. 12, 2026
Nscale Services UK Ltd. (Nscale group)
Delayed draw term loan held by PIMCO Income Fund
$113.300M
Lender-held principal
Mar. 31, 2026Aug. 11, 2032Filing
May 29, 2026
Nebius
2.75% convertible senior notes
$1.8184B
Principal outstanding
Jun. 30, 2026Sep. 2032Filing
Aug. 12, 2026
CoreWeave
1.75% convertible senior notes
$4.000B
Principal outstanding
Jun. 30, 2026Oct. 2032Filing
Aug. 12, 2026
Nebius
2.625% convertible senior notes
$2.100B
Principal outstanding including contractual accretion
Jun. 30, 2026Mar. 2033Filing
Aug. 12, 2026
IREN
1% convertible senior notes
$1.150B
Remaining principal
Mar. 31, 2026Jun. 1, 2033Filing
May 15, 2026
IREN
1% convertible senior notes issued May 2026
$3.000B
Principal issued
May 14, 2026Dec. 1, 2033Filing
May 15, 2026

Download: legal-maturity rows (CSV)