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Best Neocloud / Neocloud companies

Neocloud companies

The neocloud providers buyers shortlist in 2026, where they're based, what they're good for, and which have Blackwell Ultra.

Updated 9 Nov 2026 · Sources linked inline · No paid placements

The biggest neocloud companies in 2026 are CoreWeave, Nebius, Lambda and Crusoe. Behind them sit dozens of smaller GPU clouds: SemiAnalysis rated 84 of them in ClusterMAX 2.0 (source). Here are the ones buyers ask us about most.

List of neocloud companies

Ordered roughly by how often they come up in large GPU buys. "Blackwell Ultra" shows whether we've confirmed a public B300 or GB300 offer; see the B300 directory for sources and dates.

CompanyBasedKnown forBlackwell Ultra
CoreWeaveUSLargest neocloud by revenue; reserved clusters for AI labs and big techHGX B300 GA
NebiusNetherlandsMostly owned data centers in Europe and the US; self-service and reservedHGX B300
LambdaUSOn-demand instances, 1-Click Clusters and single-tenant superclustersGB300 NVL72, HGX B300
CrusoeUSBuilds its own AI data center campuses; cloud sold through salesGB300 NVL72, HGX B300
Together AIUSGPU clusters plus a large managed inference platformResearching
FluidstackUKLarge dedicated clusters for AI labsResearching
Voltage ParkUSBare-metal NVIDIA clustersResearching
NscaleUKEuropean AI cloud and data center developerResearching
FirmusAustraliaAI cloud in Asia-Pacific; ClusterMAX 3.0 SilverResearching
TensorWaveUSAMD Instinct GPU cloud; ClusterMAX 3.0 SilverAMD, not NVIDIA
GMI CloudUSNVIDIA GPU cloud with Asia-Pacific capacity; ClusterMAX 3.0 SilverResearching
RunPodUSSelf-service GPU pods and serverless GPUs for developersResearching
Vast.aiUSMarketplace renting GPUs from many independent hostsMarketplace
VultrUSGeneral cloud with a large GPU offerResearching

Not on the list: AWS, Microsoft Azure, Google Cloud and Oracle. They sell plenty of GPUs, but they're hyperscalers, not neoclouds.

How the neocloud market splits

The large reserved-cluster players

CoreWeave and Nebius sell thousands of GPUs at a time to AI labs and big tech, on multi-year contracts. Both were rated Platinum, the top tier, in SemiAnalysis ClusterMAX 3.0 in September 2026 (summary). Read CoreWeave vs Nebius for the differences.

Builders and operators

Crusoe, Nscale and Fluidstack are as much data center developers as clouds. They're often the route to very large, single-tenant builds, but the capacity may still be under construction.

Developer-first GPU clouds

Lambda, Together AI and RunPod make it easy to start with a few GPUs and grow. Lambda also sells large GB300 NVL72 superclusters.

Marketplaces

Vast.ai and similar marketplaces rent GPUs from many independent hosts. They're good for cheap experiments, less so for a connected cluster with one accountable operator.

Which neocloud should you use?

It depends on size and timing more than brand:

  • 1 to 8 GPUs, today: a self-service neocloud such as Lambda, Nebius or RunPod.
  • 16 to 256 GPUs for a few months: instant or reserved clusters from Lambda, Nebius, Together AI or CoreWeave.
  • 256+ GPUs, or GB300 NVL72 racks: get quotes from several of CoreWeave, Nebius, Lambda and Crusoe. Capacity at this size moves week to week. We can ask them for you.

Questions

What are the biggest neocloud companies?
CoreWeave, Nebius, Lambda and Crusoe are the four most buyers shortlist. CoreWeave is the largest by revenue: $2.08 billion in Q1 2026, against $399 million for Nebius, per Daloopa's analysis of company filings.
How many neoclouds are there?
Dozens. SemiAnalysis reviewed 84 GPU clouds for ClusterMAX 2.0 in November 2025, up from 26 in its first edition.
Are neocloud providers safe for long contracts?
Many are, but check who owns the data center, how the provider is financed, and whether your exact hardware is already running. Our risk section covers what to ask.
Is Lambda a neocloud?
Yes. Lambda rents NVIDIA GPUs as its core business, from single on-demand instances up to GB300 NVL72 superclusters.

RackShore runs Best Neocloud and may be paid a referral fee by a provider. That doesn't change which providers are listed or how they're described. Spot a mistake? Tell us.