0915 GMT - Falling token prices may help artificial-intelligence adoption, according to Julius Baer's Enrico Chinello in commentary. "China's cheaper open-weight models have driven token prices significantly down from the peaks in May, forcing U.S. model providers into adapting their pricing," says the next generation research analyst. While pricing pressure may challenge returns across the AI infrastructure investment cycle, the net effect is positive for AI adoption, Chinello says. Julius Baer remains constructive on cloud computing and AI, as lower prices could accelerate adoption and the need for compute power.