AI Gateway Production Index — July 2026 Every month, routes tens of trillions of tokens between production applications and AI labs, giving us a view of what AI usage actually looks like in today’s enterprise. We publish that view here. See the Production Index reports published in and .AI GatewayMayJune The July index reports on AI Gateway data collected in June 2026. In June, token volume and spend grew at nearly the same rate, 29% and 27%, while the price per token remained steady. The month before, spend had grown more than twice as fast as volume, driving the average token cost up by almost 20%.

The market spent more overall, but not more per token. Since April, open-weight models have climbed from a ninth of all token volume to nearly a third, at about a tenth of the average token price on the gateway. That alone should have pulled the price per token down. But as cheap volume rose in June, so too did closed-weight frontier prices, up about 12% per token. They offset each other, so the average price per token was flat. This is evidence of the routing discipline June's report documented, now visible in the aggregate: high-volume work goes to low-cost models, high-risk work…