AI & Enterprise
AI token price index hits record low amid intensifying competition
A key benchmark tracking prices for AI tokens hit a record low this week, a sign that the downtrend is continuing as competition intensifies in the AI industry, CNBC reported. SiliconData’s LLM Token Spend Index fell to 97 cents on Aug. 31, its lowest level since the index was launched late last year and more than halved from a summer peak. Falling token prices reduce chatbot costs but can weaken developers’ pricing power.