JPMorgan: US Models Over 85% Global Token Use, Usage Share Drops
YvesMulkers · x · 2026-07-06
According to JPMorgan, US AI models account for over 85% of global token consumption, maintaining dominance at the "checkout counter." However, actual usage share continues to decline. Owning the checkout and owning the foot traffic are two different businesses: the bills stay in the US, but the traffic is leaking away.
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