As LLMs Move from Hype to Deployment, Who Pays for Every Token Produced?

Qijing Tech completed its Series A funding within six months, raising over 1 billion RMB cumulatively. This number stands out starkly in the current capital winter. As a product manager grinding away on medical AI implementation on the front lines, my first reaction wasn't "another unicorn is born," but rather "who's paying the bill, and are customers actually using it?"