The Acceleration Economy practitioner analyst team recently has received feedback from buyers that they have confusion regarding the token-based pricing schema of language models. In this analysis, I lay out a brief overview of that schema so that you can make more informed decisions in an age where large language models (LLMs) are becoming ubiquitous and necessary elements of products or operations.
Ultimately, base-level models, whether LLMs like GPT-4 or image generators like DALL-E-2,…
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