Compute · Global · Apr 7, 2025
$0.07 per million tokens was the cost to query a GPT-3.5-level model by October 2024
$0.07
per million tokens was the cost to query a GPT-3.5-level model by October 2024
Stanford HAI compared Gemini-1.5-Flash-8B in October 2024 with a $20 price in November 2022.
$0.07
“The cost of querying an AI model that scores the equivalent of GPT-3.5 (64.8% accuracy) on MMLU dropped from $20 per million tokens in November 2022 to just $0.07 per million tokens by October 2024 (Gemini-1.5-Flash-8B)—a more than 280-fold reduction in approximately 18 months.”
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