[JPMorgan: Large Model Usage and GPU Rental Prices Rising, AI Infrastructure Demand Remains Supported] According to a report by Jinse Finance on July 3, JPMorgan's latest 'Data Center Watch' report shows that in June, large model call volumes, API expenditures, and GPU rental prices from non-cloud vendors all strengthened simultaneously, indicating that demand for AI infrastructure continues to expand. Although model token prices have continued to decline year-over-year, the growth in usage has clearly offset the impact of price reductions, and the unit economics of model providers are generally showing an improving trend.