As of October 7th, the token expenditure price broke through $0.99. This metric briefly fell to $0.9374 on October 2nd, hitting a new low for the period, before rising for five consecutive days. However, it remains below $1, and the overall trend sin

2026-10-09

As of October 7th, the token expenditure price broke through $0.99. This metric briefly fell to $0.9374 on October 2nd, hitting a new low for the period, before rising for five consecutive days. However, it remains below $1, and the overall trend since the end of May has not yet been broken. Based on the previous high for the year, the cumulative decline is still over 50%, reflecting the continued decrease in the unit token expenditure cost of AI models. -------- 1. Price reductions by 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.