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Llm Inference Price Trends

Source
epoch.ai
Author
Epoch AI publications
Date
Why it matters

The price to reach a given capability level falls anywhere from 9x to 900x per year depending on the task. That informs cost planning for products built on APIs.

Terms in this piece · Glossary
  • LLM — A large language model — the neural network behind tools like Claude and ChatGPT, trained on huge amounts of text to predict what comes next.
  • inference — Running a trained model to get answers — the phase where AI is actually used, as opposed to trained.
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