Canopy Wave
vs
Lambda Labs
Both rent H100 and B200 GPUs on demand. Canopy Wave sells whole HGX nodes from Iceland with cheaper block storage, while Lambda Labs rents single GPUs across a wider catalog on four continents.
What's good about each
- Iceland data centers running on hydro and geothermal power
- 2-8 TB of local NVMe included per node
- GPU rental and open-model inference on one account
- Offers high-performance GPUs such as the Nvidia H100, H200, and GH200
- Easy to use dashboard and competitive prices
- Private cloud available (isolated, physical access)
Price comparison
Closest matching configuration on each side, monthly list price in USD.
| Service | Canopy Wave | Lambda Labs | Difference |
|---|---|---|---|
| Block storage | $7.00 /mo 100 GB (Shared Storage) | $20.00 /mo 100 GB @ $0.20/GB/mo | 65% cheaper on Canopy Wave |
| Object storage | $40.00 /mo 1 TB | -- Not listed | |
| Egress | -- Not listed | Free and unlimited |
Heads up: Figures take each provider's closest plan to a common setup, and vary by region and usage. Hover a service for the reference configuration. Verify before provisioning. More on how we price.
GPUs
Canopy Wave offers 5 GPU models, while Lambda Labs offers 8. Cheapest listed price per GPU per hour; GPUs both providers sell come first.
| GPU | Canopy Wave | Lambda Labs | Difference |
|---|---|---|---|
H100
3 configs · 5 configs
|
$3.25 /GPU/hr On-demand | $3.29 /GPU/hr On-demand · sold out | Within 5% |
|
B200
3 configs · 3 configs
|
-- On request | $6.69 /GPU/hr On-demand · sold out | |
|
B300
1 config
|
-- On request | -- | Canopy Wave only |
|
H200
3 configs
|
$4.00 /GPU/hr On-demand | -- | Canopy Wave only |
|
GB200
1 config
|
-- On request | -- | Canopy Wave only |
|
A100
6 configs
|
-- | $1.99 /GPU/hr On-demand · sold out | Lambda Labs only |
|
RTX A6000
3 configs
|
-- | $1.09 /GPU/hr On-demand · sold out | Lambda Labs only |
|
V100
2 configs
|
-- | $0.79 /GPU/hr On-demand · sold out | Lambda Labs only |
|
GH200
1 config
|
-- | $2.29 /GPU/hr On-demand · sold out | Lambda Labs only |
|
A10
1 config
|
-- | $1.29 /GPU/hr On-demand | Lambda Labs only |
Canopy Wave bills on-demand; Lambda Labs bills on-demand. The line under each price names the billing type shown.
Services
Managed services each provider offers.
| Service | Canopy Wave | Lambda Labs |
|---|---|---|
| Block Storage | ||
| GPU-powered Servers | ||
| Object Storage |
Compliance
Frameworks each provider states on its own site, each linked to its source.
Heads up: Each entry links to the provider's own statement. An attestation can cover one tier, one region or the platform alone rather than every service. Verify the scope before you rely on it. A dash means we found nothing to link to, not that the provider lacks it.
Company details
| Fact | Canopy Wave | Lambda Labs |
|---|---|---|
| Founded | 2024 | 2012 |
| Headquarters | USA | USA |
| Locations | 2 | 15 |
| Example customers | UC San Diego, Pax Historia, Foundry BioSciences | Intuitive, Writer, Sony, Samsung, Pika |
| Website | canopywave.com | lambda.ai |
Alternatives to consider
Compare Canopy Wave and Lambda Labs against other cloud providers.
Our data for Canopy Wave was last updated on Sept. 23, 2026, and for Lambda Labs on Sept. 23, 2026.