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That's roughly 11.66$ per hour per GPU, which is above the price that Google Cloud is reselling them at if you commit for 36 months: https://getdeploying.com/gpus/nvidia-b200
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Plus electricity, labor, and maintenance?
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Yeah I was wondering about this too. It seems like way too much per GPU considering the purchase price of a B200 was around $40k last time I checked. So if we naively ignore the price of electricity and maintanence, it would only take 5 months before renting is a worse deal than buying outright.
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It’s a supply and demand thing. Google would definitely be buying from nvidia and setting up themselves if nvidia had the capacity.

SpaceX/xAi/musk are currently in a good market for “happening to own 100k cards we have nothing to do with”, and are exercising that control as hard as they can.

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