it's very hard not to think the "short-term deal" was set up to boost the offering price... though I know at that time token-maxxing made Anthropic desperate for compute.
If CoreWeave and other Neoclouds truly rent out their GB200s at $9–10/hour and H200s at $6/hour, why is their unit revenue constantly below $10B/GW, and why did it go even lower in 1Q26? The gap is huge. With even half the price Elon got, Coreweave would have taken off.
Is it because their long-term deals were made quarters ago, with prices locked in back then?
it's very hard not to think the "short-term deal" was set up to boost the offering price... though I know at that time token-maxxing made Anthropic desperate for compute.
If CoreWeave and other Neoclouds truly rent out their GB200s at $9–10/hour and H200s at $6/hour, why is their unit revenue constantly below $10B/GW, and why did it go even lower in 1Q26? The gap is huge. With even half the price Elon got, Coreweave would have taken off.
Is it because their long-term deals were made quarters ago, with prices locked in back then?
That's my understanding. LT contracts. And as you also mentioned, the SpaceX deal was at a premium.