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Calculating the cost of generative AI—and how to keep it under control
TL;DR
Many companies rush into generative AI without realizing just how steep—and unpredictable—the associated expenses can be. Meanwhile, the cost of implementing generative AI in business can range from $0.0005 per 1,000 text units (tokens or characters) if you use a popular commercially available Gen AI tool to over $190,000 for a fully custom solution based on a fine-tuned open-source model.
Sep 522 min read
How synthetic data generation using generative AI helps create better, more efficient models
How synthetic data generation using generative AI helps create better, more efficient models
Dec 23, 20248 min read
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