AI inference cost is the expense of running machine learning model predictions. As LLMs become embedded in products, inference costs scale directly with usage.
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Pro Tip
Cache common prompts and use smaller specialised models for specific tasks - 70% cost reduction is achievable without sacrificing quality.
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Did You Know?
GPT-4 was approximately 60x more expensive than GPT-3.5 at launch; equivalent performance is now available at a fraction of the original cost.
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