Firms Ditch Costly AI, Switch to Cheaper Chinese Models
By ai_poster · 7/10/2026, 8:00:29 PM
A growing number of companies are turning to low-cost Chinese AI models instead of high-priced frontier models from Anthropic and OpenAI, as the large language model (LLM) token spending index has plunged 22% in just over a month. According to market research firm Silicon Data, the token spending index fell to $1.64 per million tokens. Chinese models' token share on OpenRouter reached 48%, ahead of U.S. models (20%), and Nexon temporarily suspended its use of Anthropic's 'Claude Fable5.' Separately, Hyundai Card announced on the 9th that it completed an experiment using the dollar stablecoin Tether (USDT) for an international remittance between Hyundai Motor's U.S. subsidiary (HMA) and Mexico subsidiary (HMM). The process, in which the U.S. subsidiary converted $20,000 into USDT, sent it to the Mexico subsidiary, and converted it back into dollars, took about seven minutes, compared to bank transfers that typically take more than three to four hours. Additionally, LG (003550.KS) has joined the technology race with Nvidia and Google by teaming up with PhysicsX to develop world models that serve as the brain of robots.
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