Engineering Techniques to Reduce Cost of LLMs in Production [webinar]

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 💲 Struggling with managing costs of LLMs in production? Find out about our workshop here: https://www.tensorops.ai/llm-studio-c... 🔗 Visit our website for more resources and updates: https://www.tensorops.ai/ 👥 Connect with us on social media: Linkedin - https://il.linkedin.com/company/tensorops Twitter - https://x.com/tensoropsai 💬 Join our community: https://www.meetup.com/ai-loves/ Don't forget to subscribe to our channel for more updates and hit the bell icon to get notified about new content. Share your thoughts and questions in the comments below—we'd love to hear from you! #LLM #CostReduction #Optimization #Applications #CostManagement #LLMStudio #AIConsulting #GPT3 #GPT4 #AITrends #MLTechniques #AIEngineering