Pricing and Billing

Understanding your costs and managing billing on Covalent Cloud is straightforward. This section outlines our approach to pricing for various compute resources and provides insights into monitoring and managing your account's usage.

Compute Resource Pricing

In Covalent Cloud, you only pay for the resources you consume. You don’t pay for any idle resources. Our pricing is structured to provide flexibility and value.

Note

All charges accrue on a per-second basis.

CPU Pricing

CPU instances offer a cost-effective and versatile solution for a wide range of computational tasks, including scientific coding, HPC (High-Performance Computing) workloads, and AI/ML applications.

CPU Type	Unit Price	Max CPUs / Task	Max Memory / Task
AMD EPYC 7003	$0.15 / hr	192	384 GB

GPU Pricing

GPU Type	Unit Price	Max GPUs / Task	GPU Memory / GPU
H100	$2.15 / hr	8	80 GB
L40	$1.60 / hr	8	48 GB
A100-80G	$1.49 / hr	8	80 GB
A10	$1.21 / hr	8	24 GB
T4	$0.64 / hr	4	16 GB
A6000	$0.55 / hr	8	48 GB

See here for more information on GPU types.

Example:

Let's demonstrate how the price is calculated for every second of compute usage. Suppose a user defines a resource like this:

cc.CloudExecutor(
    env="my-env",
    num_cpus=4,
    num_gpus=2,
    gpu_type="a100-80g",
    memory="12GB",
    time_limit="3 hours",
)

If the computation stops in 1 hour, 31 minutes, and 42 seconds, (5502 total seconds) the price is calculated as follows:

Price = [(number of GPUs) x (per-hour price per GPU) + (number of CPUs) x (per-hour price per CPU)] x (total seconds) / 3600
      = [             (2) x ($1.49)                  +              (4) x ($0.15)                 ] x (5502) / 3600
      ~ $5.47

In this example, despite a time limit of 3 hours being set, the user is billed only for the 5502 seconds (about 1.5 hours) of actual resource utilization. This gives a total cost of approximately $5.47.

The same equation applies for calculating the cost of CPU-only resources, using 0 for the number of GPUs.

Monitoring Usage and Managing Payments

Usage Dashboard

Keep track of your compute usage through the Covalent Cloud dashboard. Updated in near real-time as jobs complete, it provides a detailed view of each task's duration and the associated cost. This real-time tracking helps in efficient budget management.

Payment Methods

Setting up and updating your payment method is a hassle-free process on Covalent Cloud. Navigate to the settings/billing page to manage your payment details securely. Note that a credit card is required in order to submit dispatches.

Invoices

Your billing history, including detailed invoices and records of past payments, is easily accessible. Should you have any questions about your invoices, our team is ready to assist, e-mail us at billing@agnostiq.ai

Billing FAQs

Billing Cycle and Threshold

Payments are automated and charged to the credit card on file. Billing cycles are standardized and align with the end of each calendar month. If you join partway through a month, your first bill will be prorated based on the time of joining.

Discount Offers

For high-volume usage, Covalent Cloud provides discounts under the enterprise plan. Contact us to learn more about these options at contact@agnostiq.ai.

Support for Educational and Non-Profit Initiatives

We offer special pricing for educational and non-profit projects. Reach out to us to explore these opportunities at contact@agnostiq.ai.

With Covalent Cloud, managing your compute resources and billing is seamless, allowing you to focus on your high-performance computing tasks.