RT @OrnnExchange: Yesterday, @OrnnExchange's B200 and B300 indexes reached a new all-time high prices, with the B200 hitting $8.54/GPU-hour. It is clear that today's market is lacking GPU capacity, and that the companies building deploying capacity are looking to improve their credit. In the past trading week as the B200 rental price increased by 12.9%, $CRWV fell by 25.2%. Why does $CRWV move inversely to rising compute prices as a neocloud? 98% of Coreweave's Q2 revenue came from committed contracts, 72% from three customers, and most of its $104B backlog is recognized after mid-2028. CoreWeave's backlog is locked at fixed prices. These higher market rates matter for new contracts they sign, so the question is where rental rates end up when their contracts roll off. Ornn's index trac
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