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AI News from ET - ETtech Explainer: OpenAI is halving inference cost and what this means

Vishwadeep Khatri
in AI News & Two Lenses

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OpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development expenses. While details remain scarce, the company's new custom AI chip, Jalapeño, aims to boost efficiency and affordability. This move is vital for businesses grappling with escalating AI budgets, with Indian firms also exploring cost-saving strategies like smaller models and specialized inference services.

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