monthly editionno. 1

The Token Times

estd. 2026jul–aug 2026

eight pages of ai industry reporting, once a month. model prices, funding rounds, launches, and an obituary page for the models that got retired.

published by failproof ai · free, for your email

current editionno. 1

jul–aug 2026 · 8 pages · published aug 24, 2026

unreleased openai model settles 10 open math problems for just $2000

an openai model the public cannot use answers a question mathematicians left open for 27 years — then gets slowed on cyber six days later. plus jeff dean leaves google, stripe buys openrouter, and gpt-5.6 luna drops 80 percent.

inside this edition

  • 01front pagean unreleased openai model settles 10 open math problems for about $2,000 in tokens — then is slowed on cyber grounds six days later.
  • 02the people pagejeff dean leaves google after 27 years, and does not leave alone. alphabet funds the leaving party at $10b.
  • 03the consolidationstripe buys openrouter for more than $7b, and the new form of payments is in tokens.
  • 04indiasarvam puts a six-month clock on a trillion-parameter model built from scratch in india.
  • 05failproof aia word from the paper’s publisher.
  • 06money mattersforty unicorns in july, the highest monthly count in four years. four deals took nearly a third of it.
  • 07launch padcapy sells faith in agents, lemma sells doubt, and both work.
  • 08the token exchangethe price board: luna off 80 percent, and the spread to sol is now 25x on input. plus an obituary for claude opus 4.1.

next editionno. 2

no. 1 is the first edition. a new one goes to press at the end of every month.