On November 10th, the Token Spending Price Index ended its nine-day losing streak, slightly rebounding to around $0.82, temporarily halting the decline of the past few months. However, it's still too early to say it has stabilized and further observation is needed.
-------- 1. Price reductions across various models and users shifting from expensive, cutting-edge models to cheaper open-source and smaller models have driven down token prices.
2. The current price decline may stimulate increased demand, which is beneficial to sectors such as AI applications. This has both positive and negative impacts on cloud vendors, but for model vendors like OpenAI and Anthropic, the decline in pricing power is a risk factor.
3. Data comes from leading global AI models such as OpenAI, Anthropic, and DeepSeek.
