Understanding the Cost of Generative AI Models in Production
philschmid.de
Understanding the Cost of Generative AI Models in Production
The bank’s data managers wonder if the cost of those skills outweighs the savings on the hardware and software for this platform, but there hasn’t been a formal accounting yet.
When using LLMs, especially in long loops such as with map operations, it’s important to track the token usage and understand how much money you are spending.
ChatGPT is also expensive . Talia Goldberg highlighted this point in our exchange. Goldberg noted that while traditional search engines incur costs north of $1 billion per year to index the web, AI players like ChatGPT are “far more expensive. This is part of why the company has had to throttle usage of its product and is seeking further capi
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