Understand Your Costs: Discover why many companies struggle with scattered billing and multiple vendor payments and Learn actionable strategies to optimize these expenses without compromising performance
Key topics include:
00:00 Intro
01:30 How to Measure & the Importance of Cost Reduction for LLMs
10:40 Optimizing Language Models for Cost Efficiency
12:30 Going for the Smaller Model
14:40 Prompt Engineering for Cost Reduction
19:15 Evaluation - Cost of Running Efficient Validation
26:00 Quantization - Compressing the Models
36:50 LLM Routing Design Patterns - Choosing the Right Model for the Task
42:55 Architectural Decisions that Reduce Costs
44:50 RAG vs Large Context
54:00 Wrap Up
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