AsianFin -- Despite the significant price reduction of ByteDane's Doubao large model last year, its gross margin remains positive.
The latest Doubao large model 1.5 has made further progress in optimizing reasoning costs. The API of Doubao-1.5-pro, sold on the Volcano Engine platform, still maintains a gross margin of 50%.
In May 2024, ByteDance released the Doubao large model. Among them, the Doubao General Model Pro-32k version offers a model inference input price of only 0.8 yuan per million tokens, while the same-spec models on the market at that time were priced at around 120 yuan per million tokens, which is 150 times more expensive than the Doubao model.