Are you wondering how much GPT-3 costs? This is an important question to ask, as GPT-3 can be an invaluable tool for businesses. In this article, we will discuss the cost of GPT-3 (Davinci model), as well as other related information to help you decide if GPT-3 is the right choice for you.
How Much Is GPT-3?
The cost of using GPT-3 (Davinci model) in the analyzed case would be ~$14,4K per month. It’s important to note, however, that it is only a part of the total cost of GPT-3. Other models, such as GPT-4, also have different cost structures. For example, the GPT-4 model with 8K context cost $0.03 per 1K tokens, and with 32K context, it cost $0.06 per 1K tokens. Therefore, the total cost from GPT3 can be up to $1,744 ($400 monthly subscription + $1,344 for additional tokens).
Additionally, the price is calculated per every 1K tokens. Using the Davinci model, you would pay $1 for every 50K tokens used. Is it a lot? As explained on OpenAI’s pricing calculator, the cost of using GPT-3 will depend on the amount of tokens used and the model chosen. According to OpenAI, the research organization responsible for developing GPT-3, the project’s total cost is estimated to be around $4.6 million.
OpenAI Pricing Calculator – Flask App
OpenAI’s pricing calculator is a great resource to determine the cost of using GPT-3. This calculator is an interactive web application built with the Flask framework. It allows users to input their desired model and number of tokens used to calculate the cost. The calculator will also estimate the total cost for various GPT-3 models.
It’s important to note that the cost of GPT-3 may vary depending on the current market prices and the amount of tokens used. Therefore, it’s important to use OpenAI’s pricing calculator to get the most up-to-date cost information.
In conclusion, the cost of GPT-3 (Davinci model) can be up to ~$14,4K per month. However, this cost can vary depending on the GPT-3 model and the amount of tokens used. For more accurate cost information, we recommend using OpenAI’s pricing calculator. For more information on artificial intelligence, check out Artificial-Technology.com, a great resource for answers to your questions about AI.
How much does GPT-3 cost?
OpenAI, the research organization responsible for creating GPT-3, has estimated the total cost of the project to be approximately $4.6 million. This expense covers not only the development of the model, but also the expense of training it with a vast amount of data.
Is there a free version of GPT-3?
In a nutshell, yes. GPT-3 is accessible and free to everyone. It can be accessed via the OpenAI Playground.
What is the expense of operating GPT?
ChatGPT needs a lot of computing power to provide answers, and this comes at a cost of up to $700,000 a day for OpenAI, as a specialist has informed The Information. To reduce this cost, Microsoft is reportedly creating an AI chip in secret.
What is the price of a single ChatGPT request?
According to Dylan Patel, the chief analyst at SemiAnalysis, the cost of running a chatbot is approximately $700,000 a day, which works out to 36 cents for each query.