📉 AI Token Price Index (TPI) Launched
A new project has begun tracking the average blended cost per million tokens for cutting-edge AI models. The index captures market trends: price increases when new powerful models are released and cost decreases when cheaper alternatives emerge.
🌍 The index creates a transparent benchmark for compute costs, helping companies track market trends and effectively plan budgets for LLM API usage.
👤 It allows for an assessment of the real economics of AI usage and enables comparison of costs across different model classes: Frontier, Mid, and Fast.
Source 1: https://tokenpriceindex.com