The Token Ledger Digest – 2026-09-08
Lead change – biggest cost impact
MoonshotAI: Kimi Latest – Prompt price fell from $2.55 / 1M to $2.50 / 1M; completion price rose from $12.75 / 1M to $14.00 / 1M. Net increase of +$1.25 / 1M for output‑heavy workloads. Teams using Kimi Latest for long generations should re‑evaluate cost forecasts.
Notable price changes (sorted by absolute impact)
| Model | Prompt Δ ($/1M) | Completion Δ ($/1M) | Note |
|---|---|---|---|
| DeepSeek V3.1 | –0.30 | –0.70 | Large cut; cheapest for chat‑style workloads. |
| DeepSeek V4 Pro 0423 | +0.268 | +0.535 | Notable rise; consider alternatives for Pro tier. |
| Qwen3 14B | +0.108 | +0.670 | Completion cost jumps sharply. |
| MoonshotAI Kimi K2.7 Code | +0.050 | +0.100 | Moderate increase across both fields. |
| DeepSeek V4 Flash Latest | +0.005 | +0.070 | Small upward tick; still among the cheapest flash models. |
| Z.ai GLM Flash Latest | –0.004 | –0.013 | Minor reduction; retains low‑cost position. |
Removed models (free tiers)
- Z.ai: GLM 5.2 (free) – 256k context
- MiniMax: MiniMax M3 (free) – 1,048,576 context
- MiniMax: MiniMax M2.7 (free) – 196,608 context
These free offerings are no longer available; users must switch to paid plans or alternative providers.
Cheapest models today (per‑million)
- IBM: Granite 4.0 Micro – Prompt $0.017 / 1M, Completion $0.112 / 1M
- Mistral: Mistral Nemo – Prompt $0.019 / 1M, Completion $0.030 / 1M
- inclusionAI: Ling 3.0 Flash – Prompt $0.021 / 1M, Completion $0.063 / 1M
Total models tracked: 428.
No other substantive changes were recorded.
Originally published at The Token Ledger. Subscribe for the daily digest.
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