Canopy Wave
vs
Nebius
Both rent H100 to GB200 nodes with block and object storage. Canopy Wave runs from Iceland with an open-model API, while Nebius charges less for storage and adds managed Kubernetes, Postgres and VPS.
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
- Nvidia GPUs from L40S up to GB300 NVL72 racks
- Preemptible GPU instances at a lower hourly rate
- Managed Kubernetes and Slurm clusters at no extra charge
- Free outbound traffic from virtual machines
- Per-token inference API for open-weight models
Price comparison
Closest matching configuration on each side, monthly list price in USD.
| Service | Canopy Wave | Nebius | Difference |
|---|---|---|---|
| Small VM | -- Not listed | $35.71 /mo 2 vCPU, 8 GB RAM (cpu-d3) | |
| Medium VM | -- Not listed | $71.42 /mo 4 vCPU, 16 GB RAM (cpu-d3) | |
| Large VM | -- Not listed | $142.85 /mo 8 vCPU, 32 GB RAM (cpu-d3) | |
| Block storage | $7.00 /mo 100 GB (Shared Storage) | $7.10 /mo 100 GB (Network SSD) | Within 5% |
| Object storage | $40.00 /mo 1 TB | $19.42 /mo 1 TB (Standard) | 51% cheaper on Nebius |
| PostgreSQL | -- Not listed | $104.35 /mo 2 vCPU, 8 GB RAM, 50 GB storage (2vcpu-8gb) | |
| Egress | -- Not listed | Free from VMs, billed from Object Storage |
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 Nebius offers 8. Cheapest listed price per GPU per hour; GPUs both providers sell come first.
| GPU | Canopy Wave | Nebius | Difference |
|---|---|---|---|
H100
3 configs · 1 config
|
$3.25 /GPU/hr On-demand | $3.85 /GPU/hr On-demand | 16% cheaper on Canopy Wave |
|
B300
1 config · 1 config
|
-- On request | $7.85 /GPU/hr On-demand | |
|
B200
3 configs · 1 config
|
-- On request | $7.15 /GPU/hr On-demand | |
|
H200
3 configs · 1 config
|
$4.00 /GPU/hr On-demand | $4.50 /GPU/hr On-demand | 11% cheaper on Canopy Wave |
|
GB200
1 config · 1 config
|
-- On request | -- On request | |
|
RTX PRO 6000
1 config
|
-- | $1.80 /GPU/hr On-demand | Nebius only |
|
L40S
4 configs
|
-- | $0.74 /GPU/hr Spot | Nebius only |
|
GB300
1 config
|
-- | -- On request | Nebius only |
Canopy Wave bills on-demand; Nebius bills on-demand and spot. The line under each price names the billing type shown.
Services
Managed services each provider offers.
| Service | Canopy Wave | Nebius |
|---|---|---|
| Block Storage | ||
| Container Registry | ||
| GPU-powered Servers | ||
| Managed Kubernetes | ||
| Managed PostgreSQL | ||
| Object Storage | ||
| Virtual Private Server (VPS) |
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 | Nebius |
|---|---|---|
| Founded | 2024 | 2022 |
| Headquarters | USA | Netherlands |
| Locations | 2 | 10 |
| Example customers | UC San Diego, Pax Historia, Foundry BioSciences | Revolut, Sword Health, Brave, Voxel51, Recraft |
| Website | canopywave.com | nebius.com |
Alternatives to consider
Compare Canopy Wave and Nebius against other cloud providers.
Our data for Canopy Wave was last updated on Sept. 23, 2026, and for Nebius on Sept. 23, 2026.