Best GPU Neoclouds 2026: CoreWeave, Nebius, Lambda, Crusoe, and Groq Ranked by Published Pricing and Contracted Power
The ‘neocloud’ label now covers five companies with very different business models. CoreWeave and Nebius are public companies that publish quarterly results and file reports with the SEC (CoreWeave on Form 10-Q, Nebius as a foreign private issuer on Form 6-K). Lambda and Crusoe are private and heading toward IPOs. Groq has run GroqCloud on its LPU architecture since 2024; after licensing that technology to NVIDIA in December 2025, the independent Groq refocused entirely on inference
Five companies providing GPU cloud computing services, known as "neoclouds," are compared on pricing, power capacity, and business models. CoreWeave and Nebius are public companies filing SEC reports, while Lambda and Crusoe are private companies moving toward IPOs, and Groq shifted its focus to inference-cloud infrastructure after licensing technology to NVIDIA. The comparison matters because buyers need to evaluate these providers on published pricing, deployed and contracted power capacity, hardware roadmap, contract structure, and independent quality ratings to understand which service fits their needs.
Explainer: What Is a Neocloud? Why AI Chipmakers Are Becoming Cloud Providers
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Also reported by Data Center Knowledge
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