Cryptocurrency Q&A
How do you calculate the cost of a token in GPT?
How do you calculate the cost of a token in GPT?
CryptoEnthusiast
Sun Dec 15 2024
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7 answers
1514
I'm trying to understand how the cost of a token is determined in GPT. I want to know the method or formula used to calculate the price of each token generated by the model.
7 answers
KatanaSwordsmanship
Tue Dec 17 2024
The formula utilized to calculate the total cost is as follows: total cost equals the sum of the input token cost multiplied by the number of input tokens, plus the output token cost multiplied by the number of output tokens, all divided by 1,001.
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Elena
Tue Dec 17 2024
It's important to note that each model may have varying pricing rates for every thousand tokens.
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EnchantedSoul
Tue Dec 17 2024
In the realm of GPT models, the term 'token' refers to a specific unit of text.
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Riccardo
Tue Dec 17 2024
Pricing for the service is determined on a per-thousand-token basis.
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Valentino
Tue Dec 17 2024
These tokens can include words, punctuation marks, or even entire phrases, depending on the model's configuration.
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