Nebius vs Seeweb: H200 price

Seeweb is cheaper by €2.20 per GPU-hour (€2.60 vs €4.80), which is 46% less than Nebius, or Nebius costs 85% more. For one H200 running a full month (730 h) that is €1,606 ex-VAT; for an 8-GPU node, €12,848 a month.

Seeweb€2.60/hcheapest offer

Nebius€4.80/hcheapest offer

Difference€2.20/h46% cheaper

1 GPU-month (730 h)€1,606saved

On-demand list prices, ex-VAT, per GPU-hour, from each provider's public price page (dates in the table). Nebius's price is converted from USD at the ECB rate. Reserved or committed-use deals can be cheaper.

Every H200 offer from Nebius and Seeweb

Provider	GPU	€/GPU-h	100 h	Location	Source
1. Seeweb EU-ownedEU DCISO 27001ACN	H200~0.17 kgCO₂/h*	€2.60	€260	Italy*	source2026-10-19
2. Nebius EU HQEU DCISO 27001SOC 2	H200~0.02–0.03 kgCO₂/h	€4.80 usd	€480	Finland/France	source2026-10-19

* data-centre location not published; provider HQ country shown. usd = converted from USD at the ECB rate; approx = provider marks the price as approximate. CO₂ = rough estimate (GPU draw × country grid average, Ember data). EU-owned / EU HQ / EU DC / certs: from provider pages, what they mean.

Where and who

Data-centre location of the cheapest offer: Seeweb Italy*, Nebius Finland/France. * = not published by the provider, HQ country shown.

Nebius
HQ	Netherlands
Ownership	EU HQ Nebius Group N.V., listed on Nasdaq (NBIS); no controlling parent named
US parent	No
Non-EU regions	US, UK, Israel regions
Certifications	ISO 27001, SOC 2
Notes	EU regions: Finland, Spain, France (+ Iceland, private).
Sources	1 2 3checked 2026-10-19

Seeweb
HQ	Italy
Ownership	EU-owned Dominion Hosting Holding (DHH), listed on Euronext Growth Milan
US parent	No
Non-EU regions	none listed (has offices in Switzerland)
Certifications	ISO 27001, ACN
Notes	Own data centres in Milan and Frosinone.
Sources	1 2 3checked 2026-10-19

Ownership and certification labels from provider pages, not legal advice. What they mean.

Why the country matters

Finland: wholesale power €57/MWh (Sep 2026, cheapest of the 9 countries we track), grid 47 gCO₂/kWh (Jun 2026).
France: wholesale power €143/MWh (Sep 2026, 4th cheapest of 9), grid 30 gCO₂/kWh (Jun 2026).

Electricity is one of many provider costs; it doesn't set GPU prices. Country averages from Ember (CC-BY-4.0). All countries.

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