H100 IndexWhat it costs to rent one H100 GPU for an hour on demand — the market’s anchor price.
- Value
- $4.29 / H100-hr
- Last Price Change
- May 27, 2026
Morning Brief
Morning Brief: Monday, June 29, 2026
Start-of-day AI compute market report.
Published each morning with the prior day’s source-backed signals across GPU pricing, cloud capacity, power constraints, data centers, and AI infrastructure. Track the prior day’s source-backed news and changes shaping GPU supply, cloud availability, power constraints, data centers, and compute market pressure.
Morning Brief
Morning Tape
- Report date
- Monday, June 29, 2026
- Signal window
- Sunday, June 28, 2026
- Request for Backup Generation Emergency Order Under Federal Power Act, Section 202(c) PDF
- NorthVault launches, plans data center campus in Ontario, Canada
- Three-year data center moratorium passed in town of East Fishkill, New York State, blocking planned campus
Today's Compute College lesson
What is SWE-bench?
Learn what SWE-bench measures, why it matters for AI coding agents, and how software-engineering benchmarks connect to AI compute demand.
Why it matters today: Today's lesson connects the Model Benchmarks & AI Compute Economics track to the compute market readers are watching.
Read the lessonLearn the Market
Term of the Day: Megawatt
A megawatt is a unit of power equal to one million watts. Data center developers often discuss capacity in megawatts because power is one of the main constraints on how much compute can be deployed. More megawatts can support more servers, GPUs, cooling, and networking.
Market signals
Compute market signals
Spot Compute PriceThe cheaper, interruptible GPU price — a read on whether spare capacity is available.
- Value
- $2.46 / H100e-hourH100e-hour means an H100-equivalent GPU hour, a normalized unit used to compare different GPUs and providers.
- Last Price Change
- May 27, 2026
Model Serving CostRoughly what it costs to run a model and generate its output at scale, per million tokens.
- Value
- $2.78 / 1M tokens
- Last Price Change
- Jun 22, 2026
GPU AvailabilityHow easy or hard it is to actually get GPU capacity right now, scored 0–100.
- Value
- 78 / 100 score
- Last change
- May 27, 2026
Signals
Top market signals
These are the highest-impact source-backed items from the signal window used for this morning’s brief.
Jun 28, 2026
Request for Backup Generation Emergency Order Under Federal Power Act, Section 202(c) PDF
this may affect power supply, demand, capacity, bottlenecks, or financing.
Jun 26, 2026
NorthVault launches, plans data center campus in Ontario, Canada
Watch item for AI compute supply, demand, capacity, infrastructure, or market structure.
Jun 26, 2026
Three-year data center moratorium passed in town of East Fishkill, New York State, blocking planned campus
Watch item for AI compute supply, demand, capacity, infrastructure, or market structure.
Jun 26, 2026
Mystery tech firm looks to build ~800-acre data center campus outside Grand Rapids, Michigan
Watch item for AI compute supply, demand, capacity, infrastructure, or market structure.
Jun 26, 2026
Large data center campus planned in Pindamonhangaba, Brazil
Watch item for AI compute supply, demand, capacity, infrastructure, or market structure.
Power & Data Center Watch
- Request for Backup Generation Emergency Order Under Federal Power Act, Section 202(c) PDF (PJM Interconnection).
- Mystery tech firm looks to build ~800-acre data center campus outside Grand Rapids, Michigan (Data Center Dynamics).
- Large data center campus planned in Pindamonhangaba, Brazil (Data Center Dynamics).
Watch next
Signals for the next issue
- Applied Digital Reaches Significant Milestone, Surpassing 1 GW of Contracted Capacity with U.S. Based High Investment-Grade Hyperscaler Lease at Fourth Campus, Polaris Forge 3 (Applied Digital Press Releases).
- MLPerf Training v6.0: Lambda delivers fastest LLM training on NVIDIA GB300 NVL72 and fastest MoE training on NVIDIA HGX B200 (Lambda Blog).
- Nebius expands in UK with more NVIDIA-powered infrastructure, more customers, and more cloud capabilities for agentic and enterprise AI June 8, 2026 (Nebius Newsroom).
- Dogecoin cryptominer Z Squared acquires site in Arkansas for AI/HPC data center development (Data Center Dynamics).
- NVIDIA Powers Over 400 of the World’s 500 Fastest Supercomputers (NVIDIA Blog).
Recent Briefs
Brief archive
Use the archive to move between dated Morning Brief issues without relying on the sitemap.
Previous issue: Morning Brief: Saturday, June 27, 2026
Signal window: Friday, June 26, 2026. Dogecoin cryptominer Z Squared acquires site in Arkansas for AI/HPC data center development