Article URL: https://www.semafor.com/article/08/27/2026/alphabet-stock-sheds-700b-as-ai-bills-climb Comments URL: https://news.ycombinator.com/item?id=49473629 Points: 49 # Comments: 6
Token prices set the floor on every AI product's margins. When a provider moves pricing, it ripples across competitors, routing choices and the cost of every downstream feature.
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