On September 8, news emerged that the Chengdu Branch of the Industrial and Commercial Bank of China (ICBC) had recently extended a loan to a high-tech company located in Chengdu High-Tech Zone. Unlike conventional loans that rely on tangible assets like real estate or equipment as collateral, this loan's credit assessment was primarily based on a 'computing power bill.' This milestone event signifies the successful disbursement of Sichuan Province's inaugural 'Token-Based Computing Power Scenario' loan. In the realm of artificial intelligence (AI), a token—or more precisely, a word token—represents the smallest unit of information processed and produced by large AI models. Tasks such as AI-driven question-answering and content generation all consume tokens, which have been aptly compared by industry experts to 'electricity bills in the AI era,' highlighting their essential role in powering AI operations.
