Optimizing Token Consumption and Governance in API Management

How do you manage APIs to GenAI, and how can GenAI help with API management? Carl and Richard chat with Andrei Kamenev about the latest features coming to Azure API Management. On the one hand, there are Copilot tools to help craft and understand APIM policies, which can get very complex. Then, there is the provisioning of access to GenAI-related APIs like the Azure OpenAI service, which utilize tokens - and those tokens mean money, so they need to be controlled. The GenAI Gateway provides the ability to rate-limit token issuing and all the other capabilities you expect from APIM. Prompt caching is in preview and can decrease the cost of repeated use of the same prompts. Many of the features are new, and more are coming!