Meet FrugalGPT: Stanford's Cost-Reducing Solution for Large Language Models

Join us for an in-depth discussion on Stanford's breakthrough, FrugalGPT, a cost-efficient solution for operating Large Language Models (LLMs). Discover how this novel approach achieves exceptional performance at significantly lower costs, matching or even exceeding the accuracy of leading models like Palm-2 or GPT-4.

May 20, 2023, 7:00 – 8:00 PM

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Key Themes

AI

About this event

Dive into the fascinating world of Large Language Models (LLMs) with Stanford's revolutionary solution, FrugalGPT! This event invites you to explore how to enhance the performance of LLMs while drastically cutting down the associated costs.

The economic challenges of operating LLMs on a large scale, particularly on extensive queries and text, can be intimidating. However, Stanford's FrugalGPT has introduced a smarter way to optimize these models without breaking the bank.

FrugalGPT leverages a unique cascading system to pinpoint the most suitable and cost-effective LLM for diverse queries. The outcome? It equals the performance of superior models like GPT-4 at a whopping 98% less cost or even boosts accuracy by 4% for the same price.

Arxiv link: https://arxiv.org/pdf/2305.05176.pdf

We're going to get our hands on the paper and really dig into the details. So, come ready with a question or two. I'm pumped to see what you're curious about!

PS Apologies for the short notice, folks. I promise I'll record the whole thing for anyone who can't join us live. 

Organizers

  • Leopoldo Hernandez

    Wayfair

    GDG Organizer

  • Daniel Goncharov

    GDG Organizer

    Head of AI lab

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