ChatGPT now says per site, and reading about it, it would probably make the most sense:
Per site licensing is a licensing model where a single license covers the use of software or services across an entire physical location, such as a data center, office building, or campus. This model is particularly advantageous for organizations with large or variable numbers of devices or users, as it simplifies license management and can be more cost-effective than other models.
Per server would have to be adjusted all the time, which just can't work if changes are daily.
Per user of course makes no sense.
Per core also makes no sense, it's used for licensing on the software level, like Hypervisors.
Chat GPT says its per-server. The explanation is as follows
Licensing models based on server count are designed to accommodate fluctuating hardware configurations, making them suitable for environments where the number of servers can change regularly. This model allows you to license the software based on the number of physical servers or virtual machines (VMs) that are deployed or actively running at any given time.
By using a server-based licensing model, you can easily scale your licensing needs up or down to match the changing equipment count in your data center. This flexibility ensures that you are compliant with licensing requirements while efficiently managing the licensing costs.
Well Microsoft Bing says is per-server while Bard says is per-core
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