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Market briefAI-2026-0198

Inference providers compete on latency now, not price

Per-token pricing converged. Time to first token did not.

4 minMain AI Hub

Token pricing across major inference providers now sits within a narrow band for comparable models. Latency does not: time to first token varies by more than a factor of three for the same model on the same prompt.

For interactive products that difference is the whole purchasing decision, and it is not visible on any pricing page.

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