**[Alibaba Establishes Alibaba Token Hub Business Group]** With the explosive popularity of OpenClaw, token consumption has grown exponentially, and this technical term has quickly broken into mainstream usage, becoming a buzzword in the industry. On March 16, Alibaba announced the establishment of the Alibaba Token Hub business group, with the core objectives of "creating tokens, delivering tokens, and applying tokens." Currently, large models are transitioning from "chat AI" to AI agents capable of autonomously executing complex tasks, leading to a clear exponential growth trend in token consumption. Third-party research data indicates that in 2024, China's average daily token consumption will reach approximately 100 billion. As of February this year, this figure had already surged to 180 trillion. As a result, many industry experts believe that the global large model industry is moving toward a "token economy," where the value of large models is no longer solely measured by cutting-edge reasoning capabilities as a single metric but also incorporates commercial economic indicators "priced in tokens." (Liberation Daily)