Token costs collapse 50% while volumes explode
CathieDWood · x · 2026-08-19
Data shows average token costs fell from $2.07/million to $1.02/million, driven by OpenAI cuts and open-source models like Kimi and DeepSeek. Cathie Wood notes that despite collapsing prices, volumes are exploding, highlighting a massive price elasticity of demand for productivity and intelligence.
Related event: Musk and Cathie Wood Debate: AI Prices Plunge as Demand Explodes(2 posts)→
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