Find out how to Calculate OpenAI API Worth for the Flagship fashions?

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Do you utilize GPT-4o, GPT-4o Mini, or GPT-3.5 Turbo? Understanding the prices related to every mannequin is essential for managing your funds successfully. By monitoring utilization on the job stage, you get an in depth perspective of prices related together with your venture. Let’s discover the way to monitor and handle your OpenAI API Worth utilization effectively within the following sections.  

OpenAI API Worth

These are the costs per 1 million tokens:

Mannequin Enter Tokens (per 1M) Output Tokens (per 1M)
GPT-3.5-Turbo $3.00 $6.00
GPT-4 $30.00 $60.00
GPT-4o $2.50 $10.00
GPT-4o-mini $0.15 $0.60
  • GPT-4o-mini is essentially the most inexpensive choice, costing considerably lower than the opposite fashions, with a context size of 16k, making it perfect for light-weight duties that don’t require processing giant quantities of enter or output tokens.
  • GPT-4 is the most costly mannequin, with a context size of 32k, offering unmatched efficiency for duties requiring intensive input-output interactions or complicated reasoning.
  • GPT-4o gives a balanced choice for high-volume purposes, combining a decrease value with a bigger context size of 128k, making it appropriate for duties requiring detailed, high-context processing at scale.
  • GPT-3.5-Turbo, with a context size of 16k, just isn’t a multimodal choice and solely processes textual content enter, providing a center floor when it comes to value and performance.

For diminished prices you’ll be able to contemplate Batch API which is charged 50% much less on each Enter Tokens and Output Tokens. Cached Inputs additionally assist cut back prices:

Cached Inputs: Cached inputs seek advice from tokens which were beforehand processed by the mannequin, permitting for quicker and cheaper reuse in subsequent requests. It reduces Enter Tokens prices by 50%. 

Batch API: The Batch API permits for submitting a number of requests collectively, processing them in bulk and offers the response inside a 24-hour window.

Prices in Precise Utilization

You would all the time verify your OpenAI dashboard to trace your utilization and verify exercise to see the variety of requests despatched: OpenAI Platform.

Let’s deal with monitoring it per request to get a task-level concept. Let’s ship just a few prompts to the fashions and estimate the price incurred.

from openai import OpenAI

# Initialize the OpenAI consumer

consumer = OpenAI(api_key = "API-KEY")

# Fashions and prices per 1M tokens

fashions = [

   {"name": "gpt-3.5-turbo", "input_cost": 3.00, "output_cost": 6.00},

   {"name": "gpt-4", "input_cost": 30.00, "output_cost": 60.00},

   {"name": "gpt-4o", "input_cost": 2.50, "output_cost": 10.00},

   {"name": "gpt-4o-mini", "input_cost": 0.15, "output_cost": 0.60}

]

# A query to ask the fashions

query = "What's the largest city in India?"

# Initialize an empty record to retailer outcomes

outcomes = []

# Loop via every mannequin and ship the request

for mannequin in fashions:

   completion = consumer.chat.completions.create(

       mannequin=mannequin["name"],

       messages=[

           {"role": "user", "content": question}

       ]

   )

   # Extract the response content material and token utilization from the completion

   response_content = completion.decisions[0].message.content material

   input_tokens = completion.utilization.prompt_tokens

   output_tokens = completion.utilization.completion_tokens

   total_tokens = completion.utilization.total_tokens

   model_name = completion.mannequin 

   # Calculate the price primarily based on token utilization (value per million tokens)

   input_cost = (input_tokens / 1_000_000) * mannequin["input_cost"]

   output_cost = (output_tokens / 1_000_000) * mannequin["output_cost"]

   total_cost = input_cost + output_cost

   # Append the outcome to the outcomes record

   outcomes.append({

       "Model": model_name,

       "Input Tokens": input_tokens,

       "Output Tokens": output_tokens,

       "Total cost": total_cost,

       "Response": response_content

   })

import pandas as pd

# show the ends in a desk format

df = pd.DataFrame(outcomes)

df
AD 4nXdpp7vT r BJZ9qwDqHbHaPtl CnpdrMSnmRy SmYQR0PVKORMbqwKYWOu8MvtWQLVz

The prices are $ 0.000093, $ 0.001050, $ 0.000425, $ 0.000030 for GPT-3.5-Turbo, GPT-4, GPT-4o and GPT-4o-mini respectively. The fee relies on each enter tokens and output tokens and we will see that regardless of GPT-4o-mini producing 47 tokens for the query “What’s the largest city in India” it’s the most affordable amongst all the opposite fashions right here. 

Notice: Tokens are a sequence of characters and so they’re not precisely phrases and spot that the enter tokens are completely different regardless of the immediate being the identical as they use a distinct tokenizer. 

Find out how to cut back prices?

Set an higher restrict on Max Tokens

query = "Explain VAE?"

completion = consumer.chat.completions.create(

   mannequin="gpt-4o-mini-2024-07-18",

   messages=[

       {"role": "user", "content": question}

   ],

   max_tokens=50  # Set the specified higher restrict for output tokens

)

print("Output Tokens: ",completion.utilization.completion_tokens, "n")

print("Output: ", completion.decisions[0].message.content material)

Limiting the output tokens helps cut back prices and this will even let the mannequin focus extra on the reply. However selecting an acceptable quantity for the restrict is essential right here.

Batch API

Utilizing Batch API reduces prices by 50% on each Enter Tokens and Output Tokens, the one trade-off right here is that it takes a while to get the responses (It may be as much as 24 hours relying on the variety of requests).  

query="What's a tokenizer"

Making a dictionary with request parameters for a POST request.

input_dict = {

   "custom_id": f"request-1",

   "method": "POST",

   "url": "/v1/chat/completions",

   "body": {

       "model": "gpt-4o-mini-2024-07-18",

       "messages": [

           {

               "role": "user",

               "content": question

           }

       ],

       "max_tokens": 100

   }

}

Writing the serialized input_dict to a JSONL file.

import json

request_file = "/content/batch_request_file.jsonl"

with open(request_file, 'w') as f:

     f.write(json.dumps(input_dict))

     f.write('n')

print(f"Successfully wrote a dictionary to {request_file}.")

Sending a Batch Request utilizing ‘client.batches.create’

from openai import OpenAI

consumer = OpenAI(api_key = "API-KEY")

batch_input_file = consumer.recordsdata.create(

   file=open(request_file, "rb"),

   goal="batch"

)

batch_input_file_id = batch_input_file.id

input_batch = consumer.batches.create(

   input_file_id=batch_input_file_id,

   endpoint="/v1/chat/completions",

   completion_window="24h",

   metadata={

       "description": "GPT4o-Mini-Test"

   }

)

Checking the standing of the batch, it could actually take as much as 24 hours to get the response. If the variety of requests or batches are much less it ought to be fast sufficient (like on this instance).

status_response = consumer.batches.retrieve(input_batch.id)

print(input_batch.id,status_response.standing, status_response.request_counts)

accomplished BatchRequestCounts(accomplished=1, failed=0, complete=1)

if status_response.standing == 'accomplished':

   output_file_id = status_response.output_file_id

   # Retrieve the content material of the output file

   output_response = consumer.recordsdata.content material(output_file_id)

   output_content = output_response.content material 

   # Write the content material to a file

   with open('/content material/batch_output.jsonl', 'wb') as f:

       f.write(output_content)

   print("Batch results saved to batch_output.jsonl")

That is the response I acquired within the JSONL file:

"content": "A tokenizer is a tool or process used in natural language
processing (NLP) and text analysis that splits a stream of text into
smaller, manageable pieces called tokens. These tokens can represent various
data units such as words, phrases, symbols, or other meaningful elements in
the text.nnThe process of tokenization is crucial for various NLP
applications, including:nn1. **Text Analysis**: Breaking down text into
components makes it easier to analyze, allowing for tasks like frequency
analysis, sentiment analysis, and more"

Conclusion

Understanding and managing ChatGPT API Value is crucial for maximizing the worth of OpenAI’s fashions in your initiatives. By analyzing token utilization and model-specific pricing, you may make knowledgeable choices to stability efficiency and affordability. Among the many choices, GPT-4o-mini is an economical mannequin for a lot of the duties, whereas GPT-4o gives a robust but economical various for high-volume purposes because it has a much bigger context size at 128k. Batch API is one other useful various to assist save prices for bulk processing for non-urgent duties. 

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Ceaselessly Requested Questions

Q1. How can I cut back the OpenAI API Worth? 

Ans. You possibly can cut back prices by setting an higher restrict on Max Tokens, utilizing Batch API for bulk processing

Q2. Find out how to handle spending?

Ans. Set a month-to-month funds in your billing settings to cease requests as soon as the restrict is reached. It’s also possible to set an e mail alert for if you method your funds and monitor utilization via the monitoring dashboard.

Q3. Is the Playground chargeable?

Ans. Sure, Playground utilization is taken into account the identical as common API utilization.

This fall. What are some examples of imaginative and prescient fashions in AI?

Ans. Examples embody gpt-4-vision-preview, gpt-4-turbo, gpt-4o and gpt-4o-mini which course of and analyze each textual content and pictures for numerous duties.

I am a tech fanatic, graduated from Vellore Institute of Expertise. I am working as a Information Science Trainee proper now. I’m very a lot all for Deep Studying and Generative AI.

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