From Tokens to Trajectories
2026-07-21 Daily Report — Moonshot suspended new Kimi K3 subscriptions because demand outran its GPUs, a single Codex CLI session piled up 2,393 subagent files totaling 731 GiB, and Cursor formalized the new unit of AI cost as the swarm rather than the call — three failures with one cause: the metering, logging, and quota tooling around agents has not been finished.