Canopy Wave logo Lambda Labs logo

Canopy Wave vs Lambda Labs

Canopy Wave sells whole HGX nodes starting at two GPUs, while Lambda Labs rents single GPUs on demand and lists a wider catalog spanning several NVIDIA generations.

Jump to: What's good Pricing Services Company details Alternatives

What's good about...

Canopy Wave logo Canopy Wave

  • 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

Lambda Labs logo Lambda Labs

  • 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

How do Canopy Wave's prices compare against Lambda Labs?

Block Storage

Closest config to 100+ GB SSD, 3,000+ IOPS, 100+ MB/s throughput, no snapshots.
Canopy Wave Canopy Wave
$7.00 / mo 100 GB (Shared Storage)
Lambda Labs Lambda Labs
$20.00 / mo 100 GB @ $0.20/GB/mo

Object Storage

Closest config to 1 TB stored, 100 GB in / 250 GB out, 1M GET, 100k PUT/POST.
Canopy Wave Canopy Wave
$40.00 / mo 1 TB
Lambda Labs Lambda Labs
--

1 TB of egress beyond allowance

Canopy Wave Canopy Wave
--
Lambda Labs Lambda Labs
Free and unlimited

GPU Fleet Overview

Starting Price

Canopy Wave Canopy Wave
$3.25/hr
Lambda Labs Lambda Labs
$1.29/hr

Billing Options

Canopy Wave Canopy Wave
On-DemandCustom
Lambda Labs Lambda Labs
On-Demand

Available Models

Canopy Wave offers 5 GPU models, while Lambda Labs offers 8.

Canopy Wave Canopy Wave
H100(3) H200(3) B200(3) B300(1) GB200(1)
Lambda Labs Lambda Labs
H100(5) A100(6) B200(3) V100(2) RTX A6000(3) A10(1) Quadro RTX 6000(1) GH200(1)

Heads up: We do our best to keep these specs & prices accurate. However, cloud costs may fluctuate based on region, usage, and other factors not listed here. These are estimates based on common setups and are for informational purposes only. Always verify current rates & exact specs with the provider before provisioning.

Lyceum Logo
Lyceum
Our sponsor
NVIDIA H200 from $2.20/hr, B200 from $3.40/hr, B300 from $3.80/hr
Per-second billing with no minimum commitment or vendor lock-in
Scale to 8,000 GPUs over InfiniBand for distributed AI training
Start now

Which services do they offer

Here are some managed services that Canopy Wave and Lambda Labs offer:

Service Canopy Wave Lambda Labs
Block Storage
GPU-powered Servers
Object Storage

Company details

Website
Canopy Wave Canopy Wave
canopywave.com
Lambda Labs Lambda Labs
lambda.ai
Headquarters
Canopy Wave Canopy Wave
United States of America
Lambda Labs Lambda Labs
United States of America
Founded
Canopy Wave Canopy Wave
2024
Lambda Labs Lambda Labs
2012
Data Center Locations
Canopy Wave Canopy Wave
2
Lambda Labs Lambda Labs
15
Example Customers
Canopy Wave Canopy Wave
UC San Diego, Pax Historia, Foundry BioSciences
Lambda Labs Lambda Labs
Intuitive, Writer, Sony, Samsung, Pika

Alternatives to consider

Compare Canopy Wave and Lambda Labs against other cloud providers.

View all comparisons

Our data for Canopy Wave was last updated on Aug. 14, 2026, and for Lambda Labs on Aug. 14, 2026.

Lyceum Logo
Lyceum
Our sponsor
NVIDIA H200 from $2.20/hr, B200 from $3.40/hr, B300 from $3.80/hr
Per-second billing with no minimum commitment or vendor lock-in
Scale to 8,000 GPUs over InfiniBand for distributed AI training
Start now