> $2.24/hour pricing is for a 3-year commitment. On-demand pricing for H100 is $5.95/hour under our special promo price.\$1.15/hour pricing is for a 3-year commitment.
Company I work for had multiple times problems of not being able to allocate any gpus from some larger cloud providers (with the region restrictions we have, which still include all of EU as regions).
(I'm not sure which of them it was, we are currently evaluating multiple providers and I'm not really involved in that process.)
You can even get H100s for cheaper than these prices at $2.24 an hour.
So these do seem a bit expensive, but this might be because there is high demand for them from customers and they don't have the supply.