Nebius Group will raise pay-as-you-go prices for selected Nvidia GPUs, certain AMD and Intel CPU offerings, and memory services from October 1, its second increase in three months. Selected Nvidia GPU rates will rise 17% to 21%, some CPU-only instances will cost 25% more and memory pricing will increase about 41%. The Amsterdam-based neocloud provider is offering commitment discounts to customers reserving large-scale clusters for multiple months. The increase follows rapid AI cloud growth, including four customer contracts averaging more than $1 billion each, as demand for infrastructure to train and run AI models outpaces available capacity. Nebius shares rose about 10% to $229.67 in the latest market reading, while IREN gained 6% and CoreWeave declined in differing market snapshots. Investors are assessing whether higher pricing can improve returns on costly data-center expansion and whether other AI infrastructure operators can secure similar rates.