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Average LLM Token Cost Drops to 97 Cents, Down From May High of $2.07

#llm#token-cost#ai-pricing#price-decline

A closely watched index of AI token prices fell to a fresh low this week, with the average cost per million tokens now at 97 cents. This continues a sharp months-long decline from a peak of $2.07 in late May, reflecting deflating prices in the AI sector.

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  1. Techmeme
    LLM Token Expenditure Index: average cost per million tokens has fallen to 97 cents, part of a sharp months-long decline since hitting a high of $2.07 on May 28 (Alex Harring/CNBC)

    Alex Harring / CNBC : LLM Token Expenditure Index: average cost per million tokens has fallen to 97 cents, part of a sharp months-long decline since hitting a high of $2.07 on May 28 — A closely followed measure of artificial intelligence token prices touched fresh lows this week, the latest sign of deflating prices …