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Telecommunications & Media

KT unveils Token Factory with automatic AI model selection and unified billing

KT will launch its AI platform, KT Token Factory, which lets companies choose among multiple AI models while managing usage and costs in one place. The platform integrates model selection, cost control and security features, KT said at a media briefing in Seoul. It will start with 73 models on Oct. 30 and expand to more than 500 by year-end. KT said its optimisation tools can cut token costs by up to 25 percent.

AI & Enterprise

China\'s MiniMax unveils M3.1 Flash, cuts AI agent costs 70 percent

China\'s AI company MiniMax has launched M3.1 Flash, a large language model designed to boost inference speed and sharply cut usage costs. The company said the model reduces AI agent task costs by 70 percent versus its predecessor and increases inference speed about threefold. Built on a mixture-of-experts architecture, it supports text, image and video inputs and up to 1 million tokens of context. MiniMax also disclosed pricing and availability across its API, subscription service and coding app.

AI & Enterprise

Jev becomes fastest-spreading AI model on Vercel developer cloud

A survey found that Typesafe AI’s decision-making model Jev became the fastest-spreading AI model in Vercel data at launch. TechCrunch, citing Vercel figures, reported that Jev was used by 35 percent of teams paying for Vercel within two weeks, nearly twice the level of the No. 2 model, Sonnet 5.5. The data was collected via Vercel AI Gateway and may undercount models from firms running their own APIs.