Hyperscaler cost ↓ Lower is better Source: InferenceX & SemiAnalysis Market July 2026 AI Cloud TCO Model
| Model · Scenario | B200 · Reference | MI355X | B300 | GB200 NVL72 | GB300 NVL72 |
|---|---|---|---|---|---|
DeepSeek V4 Pro 1.6T8K/1K | Dynamo vLLM · FP4 | $0.331104% more expensive than B200 ATOM¹ · FP4 | $0.18011% more expensive than B200 Dynamo SGLang · FP4 | $0.864434% more expensive than B200 Dynamo vLLM · FP4 | $0.771376% more expensive than B200 Dynamo SGLang · FP4 · STP |
DeepSeek V4 Pro 1.6TLong Context Multi-Turn Realistic Agentic Scenario (AgentX) | vLLM · FP4 | — cannot reach @75 | $0.04740% cheaper than B200 vLLM · FP4 | — no data for this scenario | $0.01778% cheaper than B200 Dynamo vLLM · FP4 |
Kimi K3 2.8TLong Context Multi-Turn Realistic Agentic Scenario (AgentX) | — cannot reach @75 | — no data for this scenario | $0.177No B200 baseline to compare against vLLM · FP4 | $0.597No B200 baseline to compare against Dynamo vLLM · FP4 | — no data for this scenario |
MiniMax M3 428B8K/1K | vLLM · FP4 | $0.06415% more expensive than B200 ATOM¹ · FP4 | $0.07434% more expensive than B200 vLLM · FP4 | $0.185234% more expensive than B200 Dynamo vLLM · FP8 · STP | $0.212281% more expensive than B200 Dynamo vLLM · FP8 · STP |
MiniMax M3 428BLong Context Multi-Turn Realistic Agentic Scenario (AgentX) | vLLM · FP4 | — no data for this scenario | $0.012About the same cost as B200 vLLM · FP4 | — no data for this scenario | — no data for this scenario |
GLM5.2Long Context Multi-Turn Realistic Agentic Scenario (AgentX) | SGLang · FP4 | — no data for this scenario | — no exact @75 result | — no data for this scenario | — no data for this scenario |
Qwen3.5 397B8K/1K | TRTLLM · FP4 | $0.08290% more expensive than B200 SGLang · FP4 | $0.05015% more expensive than B200 SGLang · FP4 | $0.314624% more expensive than B200 Dynamo SGLang · FP8 · STP | $0.07574% more expensive than B200 Dynamo TRTLLM · FP4 · STP |
Qwen3.5 397BLong Context Multi-Turn Realistic Agentic Scenario (AgentX) | SGLang · FP8 | — no data for this scenario | $0.00841% cheaper than B200 SGLang · FP4 | — no data for this scenario | $0.00935% cheaper than B200 Dynamo SGLang · FP4 |
8K/1K
Long Context Multi-Turn Realistic Agentic Scenario (AgentX)
Long Context Multi-Turn Realistic Agentic Scenario (AgentX)
8K/1K
Long Context Multi-Turn Realistic Agentic Scenario (AgentX)
Long Context Multi-Turn Realistic Agentic Scenario (AgentX)
8K/1K
Long Context Multi-Turn Realistic Agentic Scenario (AgentX)
— = no result. ∞ = B200 baseline unavailable.
If a chip does not have FP4 spec decoding available, the next best available configuration is used.
