Owner's all-in cost per installed GPU-hour in Epoch AI's 1 GW GB200 NVL72 model, at the workbook's default IT life and at a three-year earning life
~$2.0/GPU-hr (~$3.0 at a 3-yr life)derived
| Value kind | derived — Derived values are guide calculations; their result is only as fixed as the stated inputs, scope, and method. |
|---|---|
| Scope | Cost per installed calendar GPU-hour for Epoch's modeled US hyperscaler (1 GW IT, GB200 NVL72, PUE 1.14, $83.42/MWh, WACC 7.83%, default IT life ~5.3 years). Includes capital recovery at that cost of capital; excludes sales, support, idle reserve and margin. Divide by billable utilization for cost per billed hour. |
| Caveat | A guide derivation from a model, not an observed price; Epoch does not publish a per-GPU-hour figure. Not directly comparable with HGX B200 rental prices, which price a different system. |
| As of | 2026-05 |
| Source | Epoch AI, Amelia Michael and Ben Cottier, May 2026 model and linked workbook; Guide per-GPU-hour calculation. · Linked workbook Main: Number of GPUs 480,000 (72 GPUs per 150 kW NVL72 system); average hours per year 8,766; combined annual cost $8,511M; three-year sensitivity from the guide's 1 GW annual TCO at a three-year IT life ($12.42B). |
| Derivation | $8.5111B / (480,000 × 8,766 h) = $2.02 per installed GPU-hour (÷0.9 = $2.25 per billable hour at 90%). Three-year earning life: $12.4248B / (480,000 × 8,766) = $2.95 ($3.28 at 90%). Seven-year: $1.74. |
| Review | checking…review by 2027-03-01 · fast cadence |
| Recorded changes | last 2026-10-19 |
| Claim id | epoch-1gw-gb200-owner-cost-per-gpu-hour |
Where the guide uses it
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