On May 19, a research report from Galaxy Securities highlighted that the sustained increase in token consumption is a clear indicator of the burgeoning societal demand for AI inference, providing a direct boost to cloud service providers, with Alibaba Cloud being a prime example. In the intelligent era, tokens have emerged as a unified measure of value, prompting a fundamental shift in the cloud computing business model. The industry is transitioning away from the traditional Infrastructure-as-a-Service (IaaS) model, which relies on server leasing and time-based billing, towards a Model-as-a-Service (MaaS) intelligent service model. This new model is centered on token consumption and adopts a pay-as-you-go pricing strategy. This transformation is set to propel the growth of high-margin AI service revenues for cloud providers, refine their overall profitability structure, and initiate a virtuous cycle of demand expansion and price appreciation within the industry.