Canopy Wave
vs
Paperspace
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
- Competitive GPU prices
- Managed platform, from notebooks to container-based clusters
- Free ingress and egress
Price comparison
Closest matching configuration on each side, monthly list price in USD.
| Service | Canopy Wave | Paperspace | Difference |
|---|---|---|---|
| Small VM | -- Not listed | $6.48 /mo 1 vCPU, 1 GB RAM (C2) | |
| Medium VM | -- Not listed | $57.60 /mo 4 vCPU, 8 GB RAM (C5) | |
| Large VM | -- Not listed | $115.20 /mo 8 vCPU, 16 GB RAM (C6) | |
| Block storage | $7.00 /mo 100 GB (Shared Storage) | $7.00 /mo 100 GB SSD · Billed hourly, capped at $7.00 / mo | Identical |
| Object storage | $40.00 /mo 1 TB | -- Not listed | |
| Egress allowance | -- 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 Paperspace offers 12. Cheapest listed price per GPU per hour; GPUs both providers sell come first.
| GPU | Canopy Wave | Paperspace | Difference |
|---|---|---|---|
H100
3 configs · 2 configs
|
$3.25 /GPU/hr On-demand | $5.95 /GPU/hr On-demand | 45% cheaper on Canopy Wave |
|
B300
1 config
|
-- On request | -- | Canopy Wave only |
|
B200
3 configs
|
-- 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
4 configs
|
-- | $3.09 /GPU/hr On-demand | Paperspace only |
|
RTX A6000
2 configs
|
-- | $1.89 /GPU/hr On-demand | Paperspace only |
|
V100
3 configs
|
-- | $2.30 /GPU/hr On-demand | Paperspace only |
|
A5000
1 config
|
-- | $1.38 /GPU/hr On-demand | Paperspace only |
|
A4000
1 config
|
-- | $0.76 /GPU/hr On-demand | Paperspace only |
Canopy Wave bills on-demand; Paperspace bills on-demand. The line under each price names the billing type shown.
Services
Managed services each provider offers.
| Service | Canopy Wave | Paperspace |
|---|---|---|
| Block Storage | ||
| GPU-powered Servers | ||
| Object Storage | ||
| Python Notebooks | ||
| Virtual Private Server (VPS) |
Compliance
Frameworks each provider states on its own site, each linked to its source.
| Framework | Canopy Wave | Paperspace |
|---|---|---|
| SOC 2 | Type II | Data centers only |
| ISO 27001 | -- | Data centers only |
| PCI DSS | -- | Level 1, data centers only |
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 | Paperspace |
|---|---|---|
| Founded | 2024 | 2014 |
| Headquarters | USA | USA |
| Locations | 2 | 3 |
| Example customers | UC San Diego, Pax Historia, Foundry BioSciences | Fast.ai, SciSpace, Tunebat, Spectrum Labs, Kando |
| Website | canopywave.com | paperspace.com |
Alternatives to consider
Compare Canopy Wave and Paperspace against other cloud providers.
Our data for Canopy Wave was last updated on Sept. 23, 2026, and for Paperspace on Sept. 23, 2026.