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What does it cost to build a conversational AI?
Integrating conversational AI can be incredibly useful. Just make sure you’re guided by what makes sense for your company and customers.
Set up costs cover everything that’s required to get the LLM up and running towards your end goal, including development and operational expenses. The provider Amazon Bedrock, however, calculates costs based on the number of tokens processed, which means it could prove to be a cost-effective solution for the business even if your usage volumes are low. The main factors to consider when calculating the foundational cost-to-value ratio include the time to deployment; the level of product usage (if you’re powering millions of conversations per month, the setup costs will rapidly be outweighed by your ultimate savings); and the level of control you need over your product and data (open source models work best here).
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