AWS Lambda Cloud now offers an affordable 8-GPU V100 instance type for deep learning and machine learning workloads, priced at $4.40 per hour. This instance provides over 2x more compute power per dollar compared to comparable on-demand instances from other cloud providers. The new instance includes 8x NVIDIA Tensor Core V100 SXM2 GPUs with NVLink, 92 vCPUs, 448 GB system RAM, and 6 TB of temporary local storage. NVLink allows for faster communication between GPUs, but still requires distributed training workloads. The Lambda Cloud instance costs 51% less than comparable on-demand instances from other cloud providers when running full precision models. When combined with the included 6 TB of temporary local storage, the instance provides over 2x the compute power per dollar, making it a cost-effective option for deep learning and machine learning workloads.