Slash OpenAI API Costs with These Simple Tricks(Development of Large Model Applications 22)

Optimize your OpenAI API usage and reduce costs with our detailed guide on token management, rate limit handling, and model selection strategies. Learn more now!

Hello everyone, welcome to the "Development of Large Model Applications" column.

Table of Contents

OpenAI offers a powerful natural language processing API, but managing and operating costs when moving from prototype to production is a major challenge, especially when using expensive models. This session covers those aspects.

OpenAI uses a pay-as-you-go pricing model, with costs calculated in tokens. The price per token varies by model.

To estimate costs, predict token usage by considering factors like traffic levels, user interaction frequency, and data volume.