The latest Token Spending Price Index is 0.9762, down approximately 2.8% from 1.00 a week ago. The index briefly fell to 0.9374 on October 2nd, hitting a new low for the period, before rebounding by about 4.1%, but it remains below 1, continuing its downward trend since the end of May. Based on the previous high for the year, the cumulative decline still exceeds 50%, reflecting a continued decrease in the unit token expenditure cost of AI models.
-------- 1. Price reductions across major models and users shifting from expensive cutting-edge models to cheaper open-source and smaller models are driving down token prices.
2. The current price decline may stimulate increased demand, which is beneficial to sectors such as AI applications. The impact on cloud vendors is complex, while for model vendors like OpenAI and Anthropic, the decline in pricing power is a risk factor.
3. Data comes from top global AI models such as OpenAI, Anthropic, and DeepSeek.
