Cost of Large Language Models
Definition
Building large language models requires significant computational resources and expertise during both training and operational stages, leading to high associated costs impacting many organizations' ability to utilize them effectively.
When Cost of Large Language Models is used
Infrastructure costs
Which positions need this?
Businesses, Researchers
Problem
Budget constraints prevent access to advanced LLMs.
Example of how Cost of Large Language Models is used in AI
A small startup struggles with high cloud computing costs while trying to implement a state-of-the-art language model for their application.
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