Open AI Models Capture 29% of Traffic, Token Prices Stabilise
A new report from Vercel reveals that open-weight models now account for 29% of all AI model traffic. Simultaneously, the price per token for commercial APIs has stabilised during the final quarter of 2024.
What happened?
Vercel has published an analysis based on data from its AI Gateway, which aggregates more than one billion token calls per day. The July 2024 report shows that so-called "open-weight models" now account for 29% of the total volume of AI model interactions. This data collection includes thousands of production applications managing traffic via the Vercel AI Gateway.
Key facts
| Andel öppenviktsmodeller | 29% |
|---|---|
| Tidsperiod för data | Senaste kvartalet 2024 |
| Datakälla | Vercel AI Gateway |
| Aggregerad trafik | Över 1 miljard token-anrop/dag |
”Open-weight models surge to 29% of volume, price per token flattens”
Why it matters
The increase in open-weight models indicates a maturing AI landscape where more companies and developers are opting for models with more transparent architectures and potentially lower operating costs or customisation options. The stabilisation of token prices suggests that the market for commercial AI APIs, following a period of price reductions, has now reached a plateau, which may influence the business models for AI services moving forward.
Who is affected?
Developers and companies building AI applications are directly affected by this trend, as the choice of model and the cost structure of AI APIs are critical factors. Decision-makers within technology companies may need to re-evaluate their strategies regarding model implementation and cost management.
What else you should know
The report is based on anonymised and aggregated data from Vercel's AI Gateway. It is important to note that Vercel's data primarily represents developers using their platform, which may provide a specific, yet nonetheless relevant, view of the market.
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