I don't think you can draw an accurate narrative from two data points but I'm going to do it anyway. This and the slowing in revenue growth at Anthropic are not terrific signs. This should be the era of exponential growth for the AI industry. Even if the unit economics are sound at these prices, companies really need more revenue to service their current debt obligations and for now that can't come from price it has to come from volume. Furthermore, this is OpenRouter's statistics which partially represents the cost conscious section of the market and this doesn't line up with an induced demand story.
Again, two data points do not make a full story but if you're an AI bull this is not what you want to see.
Again, two data points do not make a full story but if you're an AI bull this is not what you want to see.