All neocloud providers share two major characterizations. First, they are focused on supplying specialized, GPU-as-a-Service (GPUaaS) solutions with unparalleled performance, speed, and cost efficiency to support the artificial intelligence (AI) and high-performance computing (HPC) revolution—often before those solutions are widely available elsewhere. Second, their service is distinct from traditional hyperscalers like Amazon Web Services and Microsoft Azure.
Beyond that, the specific business models can vary. With this new class of cloud providers on the rise, let’s get to know some of today’s top players.
ALIBABA CLOUD
Headquarters: Singapore (originated in Hangzhou, China)
Market Reach: APAC, Europe, Middle East, North America, South America
Differentiation: full‑stack hyperscaler with expansive AI, analytics, cloud services, and own LLMs
Top Customers: Henkel, Sephora, Zara, Lenovo
Noteworthy Deal: expansion into Dubai
CIVO
Headquarters: London, UK
Market Reach: United Kingdom and Europe, with global cloud regions
Differentiation: developer‑friendly, Kubernetes‑powered cloud with transparent pricing and quick GPU setup
Top Customers: startups and tech teams
Noteworthy Deal: notable GPU price cuts and ongoing platform enhancements
