When you buy electricity, you buy kilowatt-hours. When you buy bandwidth, you buy bits-per-second. When you buy storage, you buy gigabytes. When you buy AI intelligence in 2026, you buy tokens, which are easy to meter and easy to price, but hard to value. This sounds like a technical detail. It isn’t. It may become the most important AI procurement question enterprises face over the next 18 months. Continue Reading →