How is the capex on 8 * MI354X even remotely justified at less than $10/h?
Even without the base system, power and every other expenses: 365d * 24h * $2.95 = $25842/a invoicable.
That doesn't add up within one year, that doesn't add up in three years and it is questionable that it brings in the money during the lifetime of the device?
> How is the capex on 8 * MI354X even remotely justified at less than $10/h?
Is anyone actually renting them out that cheap? The very cheapest on-demand price I see online is $14, and most providers are a lot higher
That can’t be real. Modal rents out an RTX 6000 Pro for more than that. Nvidia will rent your GPUs at a fixed cheap rate if you buy from them. Perhaps AMD has a different subsidy style program. Because those MI355X are going cheap here.
Where do you see less than $10/h for 8 * MI354X? I can only find $2.50 for 1 * MI355X (lowest I can find for rent on other websites is $2.65, but maybe they got a better deal).