Google Cloud Platform is happy to announce that we’ve lowered the price of Preemptible VMs by up to 33%! Since launching Preemptible VMs last year, we’ve tuned our algorithms, improved their efficiency and analyzed usage patterns. Our experience, combined with the growth of Google Cloud Platform, allows us to offer deeper discounts. For example, the price of an n1-standard-1 Preemptible VM instance is now just one cent per hour. That’s 80% cheaper than the equivalent, non-preemptible instance, with no bidding or guesswork. The new pricing is already in effect.
Preemptible VMs are just like any other Google Compute Engine VM, with the caveat that they cannot run for more than 24 hours and that we can preempt (shut down) the VM earlier if we need the capacity for other purposes. This allows us to use our data center capacity more efficiently and share the savings with you.