Index family
Cost of Intelligence
The Anera Cost of Intelligence Index family measures the aggregate cost of intelligence amongst the top volume-weighted models. As workloads increasingly leverage multiple models, we look at real consumption of input and output tokens to create a representative cost of intelligence. Within the CII family, sub-indices measure cost by model type: proprietary vs open-weight.
Cost of Intelligence Index
$3.04
Flagship index value
3 Month Change
-3.11%
Flagship 3M performance
Featured index
Flagship index
The primary benchmark for this family. ACTDI (Anera Composite Token Demand Index) is a family-based token demand benchmark designed for relative value trading with zero basis risk.
Volume-weighted effective price per million output tokens. Tracks the cost of AI inference across eligible models (rolling 30-day output token share >= 1%).
Related indices
Related indices
Additional indices in this family that track similar but distinct exposures, which may be of interest if you want to explore beyond the flagship.
Cost of Intelligence restricted to proprietary models. Volume-weighted effective price per million output tokens.
Cost of Intelligence restricted to open-source models. Volume-weighted effective price per million output tokens.
Cost of Intelligence restricted to large-size models. Volume-weighted effective price per million output tokens.
Cost of Intelligence restricted to medium-size models. Volume-weighted effective price per million output tokens.