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How can the costs of LLM inference and deployment be calculated and optimized?

Answer Posted / Nishi Sharma

Calculating and optimizing the costs of Language Model (LLM) inference and deployment involves understanding the resources consumed by the model. This includes the cost of computational resources, storage, and data transfer. To optimize costs, strategies like model compression, efficient scheduling, and using cloud services with pay-as-you-go pricing models can be employed.

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