Optimizing the LLM Observability cost

Large language models (LLMs) are a key component of AI-powered applications. Therefore, understanding the costs associated with their usage becomes important as it allows you to optimize resources and manage budgets efficiently. Most LLMs use a token-based pricing system, where the cost depends on the number of tokens generated between the model and the user. The LLM Cost dashboard helps you track the cost and usage of LLM models. For details, see LLM Cost dashboard.