Submitted by FreePenalties t3_114hphp in MachineLearning
(Edit: This is definitely an error, not a change in pricing model, so no need for alarm. This has been confirmed by the lead product owner of colab)
Without any announcement (that i could find) google has increased the pricing per month of all its Colab Pro tiers, Pro is now 95 Euro and Pro+ is 433 Euro. I paid 9.99 Euro for the Pro tier last month... and all source i can find also refer to the 9.99 pricing as late as September last year. I have also checked that this is not a "per year" subscription price, it is in fact per month.
I looked at the VM that Colab Pro gives me and did the calculation for a similar VM in google cloud (4 vCPUs, 15GB RAM and a T4 GPU) running 24/7 for a month (Google calculates it as 730 hours).
It costs around 290 Euro, less than the Colab Pro+ subscription...
The 100 credits gotten from the Colab Pro subscription would only last around 50 hours on the same machine!
And the 500 credits from Colab Pro+ would get 250 hours on that machine, a third of the time you get from using Google Cloud, at over 100 euro more....
This is a blatant ripoff, and i will certainly cancel my subscription right now if they don't change it back. It should be said that i do not know if this is also happening in other regions, but i just wanted to warn my fellow machine learning peeps before you unknowingly burn 100 bucks on a service that used to cost 10...
Google Colabs price tiers on 17th of February 2023, 10 times what they were in January 2023.
ckperry t1_j8xfzm2 wrote
[edit] This is fixed now. The prices shown in DK were incorrect, but afaict all users were charged correct amounts. If I'm wrong and someone was charged incorrectly, they can reach out at colab-billing@google.com
Hi, I lead product for Colab. Thanks for flagging. This is clearly a mistake and we're looking into how it slipped through our testing.
We'll get this fixed asap and proactively issue refunds to anyone impacted. We haven't changed prices for Colab Pro.
Sorry about this. If you hit weird things in the future, I'm @thechrisperry on twitter (I check that a little more religiously than reddit where I mostly lurk).