AI Token Prices Plummet: From $20 to $0.40 per Million

In a dramatic shift for the AI industry, the cost of processing tokens has dropped precipitously. According to a recent episode of The Grift Podcast, which discussed an MIT breakthrough, the price per million tokens has fallen from $20 to just $0.40—a 50x reduction. This development, tied to MIT's new AI memory optimization technique, could reshape the competitive landscape, potentially challenging NVIDIA's dominance in AI hardware.