Recent data from multiple token supply platforms indicates that token demand is currently in a phase of rapid growth, with supply struggling to keep up during peak periods.

In response to the surge in token demand and intermittent computing power shortages, several major AI companies are adjusting their pricing models, transitioning from a "pay-per-use" structure toward "refined and dynamic pricing."

Kimi has introduced four subscription tiers ranging from 39 yuan to 559 yuan per month. Meanwhile, DeepSeek will raise prices for its large-model open interface, and is expected to introduce "peak-valley pricing" in the future. This means that from 9 a.m. to 12 p.m. and 2 p.m. to 6 p.m. daily, prices will be twice the standard rate.