Tag: Cheaper

Is Hosting Your Own LLM Cheaper than OpenAI? Hint: It Could Be

Open AI Pricing Open AI charges per token. 750 words are approximately 1000 tokens. The price per token also depends on the model. For e.g., GPT-4 (new) costs $0.03 (3 cents) per 1000 tokens GPT-3.5 (older) costs $0.0015 (.15 cents) per 1000 tokens. Now, let’s see this prici...