Shadeform

#28of 51 neoclouds · score 11.5/100

GPU marketplace aggregating independent clouds through one provisioning console and billing relationship. Sources below.

Marketplace

Verified

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How Shadeform scores

Weights and formula
SignalValuePointsWeightAdds
ClusterMAX tier Participation Ribbon 35.0 30% 10.5
Contracted power Not disclosed 0.0 20% 0.0
Contracted backlog Not disclosed 0.0 15% 0.0
Capital raised Not disclosed 0.0 15% 0.0
GPUs Not disclosed 0.0 10% 0.0
Named customers 1 named 10.0 10% 1.0
Composite score (rank #28 of 51)11.5

This dataset has no verified contracted power, contracted backlog, capital raised or GPUs, so those signals score 0. A sourced figure sent to hello@neocloudrankings.com goes straight into the next build.

Signals and facts

Source per value
ClusterMAX Tier in SemiAnalysis ClusterMAX 3.0 (23 Sep 2026), the public hands-on rating of GPU clouds. Medal tiers run Platinum, Gold, Silver, Bronze; Participation Ribbon sits between Bronze and Underperforming. Underperforming and Unavailable are the two groups SemiAnalysis lists under "Not Recommended": Unavailable covers providers it could not test or judged too small to rate. Empty when the provider is not listed.
Participation Ribbon 2
Contracted power MW Power the company states as contracted, secured or committed in its portfolio, in MW. Speculative pipeline and planned campuses are excluded; the power note quotes the company's own word for it.
Not published
Active power MW Power the company states as active, live, operational or managed today, in MW.
Not published
Power note What the power figures cover, the as-of date, and targets or planned campuses that are not counted.
Not published
Backlog $M Contracted revenue backlog, remaining performance obligations or total contracted value as the company states it, in USD millions.
Not published
Backlog note Which backlog measure the company uses and its as-of date.
Not published
Quarterly revenue $M Latest reported quarterly revenue, in USD millions, from the company's results release or filing. Company-level unless the note says otherwise.
Not published
Stated ARR $M Annualized run-rate revenue exactly as the company states it, in USD millions. We never annualize a quarter ourselves.
Not published
Revenue note Period, basis and any revenue targets the company has stated.
Not published
GPUs GPUs deployed, owned or under contract as the company states it.
Not published
GPU note What the GPU figure counts and when it was stated.
Not published
Capital raised $M Equity and debt raised, in USD millions: the total when the company states one, otherwise the rounds and facilities named in the capital note.
Not published
Capital note Exactly which rounds, notes or facilities the capital figure covers, with dates.
Not published
Customers Customers named publicly by the company, in its filings or in reputable press.
Fal 1
Ownership Publicly listed, privately held, or a subsidiary of another company.
Not published
Ticker Exchange and ticker symbol for listed companies.
Not published
Parent Owner or majority shareholder when the neocloud is part of another group.
Not published
Quarterly capex $M Latest disclosed quarterly capital expenditures, in USD millions. Context only; excluded from the composite score.
Not published
Capex note Period and scope of capital expenditures, including whether figures are actuals or guidance.
Not published
GPU models Hardware advertised or tested, with reservations and future availability explicitly noted. Context only; not a fleet count or scoring input.
Not published
Operating footprint Company or service geography as sourced; a general cloud footprint does not guarantee GPU stock in each region.
North America, Europe, Asia and Australia through partner clouds. 1
Deployment and orchestration Available provisioning and cluster management services; future features are labelled as such.
Not published
Cluster interconnect Published cluster network technology or bandwidth; not a measured service-quality claim.
Not published
Capacity scope Partner supply, network coverage and other non-fleet capacity signals excluded from GPU scoring.
Access across 30+ clouds; this is aggregated marketplace supply, not an owned fleet. 1

Sources

  1. Shadeform product and infrastructure disclosures accessed 2026-11-11
  2. SemiAnalysis ClusterMAX 3.0, 23 Sep 2026 accessed 2026-11-11

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