Report Challenges "Cheap Open Source AI" Narrative

A new analysis pushes back on the common belief that open source AI models are cheaper, arguing that on the Pareto frontier, open source models are not always the lower-cost option. Token pricing is highlighted as an important factor, with the semiconductor index reportedly tracking it closely with about a one-month lead.
The analysis also notes that revenue recently dipped, similar to a pattern seen in April, but has already resumed its increase.