Skip to content
Trending storyDeveloping

Open-source model token use grows 22.5x as price falls to $0.13 per million

1 article1 sourcesince Nov 5Last article 1h ago ·

Overview

AISummary of 1 article

Menlo Ventures reports that token use for open-source models grew 22.5x, while their price fell to $0.13 per million tokens.

Closed models cost $0.70 per million, about five times more. Open-source's share of spending fell from 6% to 4% over the same period, according to the report as relayed by Rohan Paul on X.

Written by AI from the articles below · updated Nov 5, 6:08 AM ET

Check the sources:

Latest developmentNov 5, 5:55 AM ET
Open-source model token use grows 22.5x while its price falls to $0.13 per million

Article timeline

The articles in this story. Times are ET.

Nov 5
  1. Rohan PaulX
    Open-source model token use grows 22.5x while its price falls to $0.13 per million

    AIMenlo Ventures reports that open-source models' token use grew 22.5x, while their price fell to $0.13 per million, about 5x below closed models' $0.70. Open-source's share of spending slipped from 6% to 4% as a result.

    Image from @rohanpaul_ai's post

Heat Trend

Not enough continuous observations to show a trend yet.