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FrugalGPT: Better Quality and Lower Cost for LLM Applications // Lingjiao Chen // MLOps Podcast #172

Aug 22, 2023
Lingjiao Chen discusses strategies to reduce the cost of using large language models (LLMs) and introduces FrugalGPT, which can match the performance of GPT-4 with up to 98% cost reduction. The podcast also explores optimizing LLM prompts, comparing API providers for cost and quality, approximating performance with a cache layer, and reducing the cost of using LLMs
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