TLDR Tech / AI
A GPU-Hour Isn't a Commodity If You Need Four of Them
Compute pricing coverage runs on headline rates, but many workloads don't consume them that way. Training, fine-tuning, and high-throughput inference need multiple identical GPUs in the same machine or cluster. A company that buys H100 futures to hedge a future four- or eight-GPU requirement carries real basis risk. The futures will hedge a rise in the broad H100 price and do nothing about the lack of co-located capacity.
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