SemiAnalysis's rating system for GPU cloud (neocloud) providers. Chapters cover how clouds are ranked, how providers are tested, the ratings, and the backlash, with CoreWeave and Nebius highlighted in the rankings.

ClusterMAX 3.0
by SemiAnalysis
SemiAnalysis's rating system that ranks GPU cloud (neocloud) providers, with CoreWeave and Nebius highlighted.
Updated EU status checked Last shown
ClusterMAX 3.0 at a glance
- What is ClusterMAX 3.0?
- ClusterMAX 3.0 is a research from SemiAnalysis. SemiAnalysis's rating system that ranks GPU cloud (neocloud) providers, with CoreWeave and Nebius highlighted.
- Who makes ClusterMAX 3.0?
- ClusterMAX 3.0 is made by SemiAnalysis.
- Does ClusterMAX 3.0 work in the EU?
- Available in the EU. It is a published research report on a public website. The terms of service only restrict access from territories where content is illegal and apply US export law; no EU exclusion is stated. Last verified 14 Nov 2026.
- How much does ClusterMAX 3.0 cost?
- Pricing unknown. Access terms for ClusterMAX 3.0 are not stated in the provided material. Other SemiAnalysis products (models, API) are sold via sales contact.
- Where was ClusterMAX 3.0 shown?
- In 1 creator video by Matthew Berman. Most recently by Matthew Berman on 25 Sept 2026, at 0:38 in “SemiAnalysis MOTS: AI Chip Shortages, SpaceX, China, Neoclouds, and more!”.
Sources: the vendor's own pages (linked above) and creator videos at the linked timestamps. EU status is information, not legal advice; see how we check.
ClusterMAX 3.0 is the third edition of SemiAnalysis's rating system for GPU cloud providers, often called neoclouds. It ranks providers on how they are tested and evaluated, and publishes tiered ratings. According to a YouTube discussion of the report, CoreWeave and Nebius were highlighted in the rankings, and the report drew some backlash from providers.
It is published by SemiAnalysis, an independent research firm covering AI and semiconductor supply chains. The provided pages describe SemiAnalysis's broader products (accelerator and HBM model, datacenter model, tokenomics model, consulting, and a GPU Pricing API) but give no detail on ClusterMAX methodology, criteria or full ratings, so those are not described here.
Access is through SemiAnalysis's website and publications. Some SemiAnalysis content is paywalled for subscribers, but the provided material does not confirm which parts of ClusterMAX are free or paid.
- Rating system for GPU cloud (neocloud) providers
- Covers ranking methodology and how providers are tested
- Highlights providers such as CoreWeave and Nebius
- Published by SemiAnalysis as independent research
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