AI research firm Epoch AI released a new report that says the cost of running artificial‑intelligence models has been falling dramatically. The study finds prices drop just under 50 % every three months and end up about 13 times lower after a year. That rate outpaces the historic speed of Moore's Law for computer chips and also beats the cost declines seen in lithium batteries and DNA sequencing.
Why it matters
Cheaper AI means more companies and developers can use the technology, widening its impact.