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Runpod BROKERS, it does not own — a software-and-demand layer over other people's GPUs that keeps a ~20% marketplace fee (SEC-filed by its supplier QumulusAI), so the neocloud fault lines (GPU-backed debt, depreciation, residual value) sit mostly on its suppliers' balance sheets, not its own; the real risks are the thinness of that 20% take behind a gross ARR headline ($120M in Jan 2026; $240M for May 2026 per a Runpod executive's post), the fixed-term leases it does sign, and suppliers who are
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Datacenters & Digital Infrastructure
Company details
| Industry | Cloud Computing |
Others in datacenters
5 namesWhere RunPod sits against the other names we cover on this beat. Each line is that company’s verdict, not a summary of it.
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