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A key market benchmark fell to 97 cents per million tokens on Monday, less than half its peak from earlier this summer
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A widely watched benchmark for artificial intelligence token prices crossed below $1 for the first time on Monday, arriving at a threshold that analysts say puts meaningful pressure on the business models of top AI companies. The LLM Token Expenditure Index — Silicon Data's flagship measure of daily token pricing, listed on Bloomberg under the ticker SDLLMTK — fell to 97 cents per million tokens on Monday, a reading that undercuts every prior close since the index's debut late last year and sits at less than half the peak it set earlier this summer, according to CNBC.
Silicon Data's index measures the usage-weighted effective price of a million large-language-model tokens across a defined universe of models, blending provider pricing with real consumption volumes observed across multi-provider routing gateways. The index had declined 8.6% over the prior seven days as of Monday.
