
Chinaâs AI New-Year Sprint Exposes a New Scarcity: Token Inflation and Rising Compute Prices
Chinaâs major tech firms used the 2026 Lunar New Year to launch a wave of multimodal AI models, precipitating a rapid rise in token-based inference demand. The surge is pushing cloud prices up, giving model vendors pricing leverage while exposing supply, governance and geopolitical risks.


















