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Comet Cloud CEO says the company will move toward the software stack and build a token factory

1 reports1 story updatesUpdated Oct 22 02:19

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On October 22, 2026, Comet Cloud CEO Thomas Kato said the company plans to extend upward from bare-metal infrastructure into the software stack and turn sites into token factories. According to a SiliconANGLE report the same day, Comet Cloud currently provides bare-metal infrastructure to partners such as Andromeda, offering dedicated GPU clusters to small and medium-sized enterprises excluded from GPU quotas by hyperscale cloud providers, with Nvidia B300 systems at about $4 per hour versus hyperscale cloud providers' quotes of $15 to $20. Kato also said that a single 48-rack Nvidia Vera Rubin cluster requires $1 billion to $1.2 billion in contract revenue to obtain financing, which will become a key constraint on its expansion. There are currently no subsequent development facts.

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How Comet Cloud provides GPU cloud for SMBs: B300 at $4 per hour

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  1. Comet Cloud CEO says the company will pivot to a software stack and build a token factory

    Source:SiliconANGLE

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Oct 22

  1. SiliconANGLE

    How Comet Cloud provides GPU cloud for SMBs: B300 at $4 per hour

    Comet Cloud CEO Thomas Kato said the company offers dedicated GPU clusters to small and medium-sized businesses that are excluded from GPU quotas by hyperscalers, with Nvidia B300 systems at about $4 per hour, compared with hyperscaler quotes of $15 to $20. Comet Cloud currently provides bare-metal infrastructure to partners such as Andromeda, and plans to move up the software stack and turn sites into token factories. Kato said a single 48-rack Nvidia Vera Rubin cluster requires $1 billion to $1.2 billion in contracted revenue to secure financing, which will become a key constraint on its expansion.

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