Too cheap to meter: It is 0.025 cents (not dollars) per million tokens. Look at the insane performance numbers for Kimi 3.1 on Vera Rubin - 90$ worth (45M tokens * 2$ per million for input, assuming most tokens are input) of Kimi 3.1 tokens for 1$ of TCO at 100 tokens/sec interactivity. Insane margins. Lot of scope for players to cut prices. It is true: The more you buy, the more you save 🙇‍♀️ - With theoretically same uplift for DS v4.1 Flash on Vera Rubin from Grace Blackwell (1600M per dollar TCO), there will be nearly 4000M tokens per dollar of TCO. It is 0.025 cents (not dollars but cents) per million tokens. (Grace Blackwell chart below for comparision. Then look at SemiAnalysis chart). Explain me again how there is going to be 250B of inference GPU rental revenue next end year (25GW of inference ompute), and even higher GPU revenue year on year to justify 1T USD of per annum investment that will go on in perpetuity. It is nearly 30$ per living person of GPU compute (8 billion population) and 120B tokens per living person (babies, kids, old people included) at 0.00025$ generation cost for a million tokens of DS v4.1 quality. That is the level of consumption we need. Either we have a glut or everyone has AI waifu, BF, dad, mom whatever they desire. I don't see everyone having a personal robot before 2027. I don't know about you. Let me know if you disagree. These are relatively idealized scenarios. There would be lot of slack in the system and generation may be few tens of billions per living person, but even then it is a lot!!!