Implementing FrugalGPT: Reducing LLM Costs and Improving Performance

FrugalGPT is a framework proposed by Lingjiao Chen, Matei Zaharia and James Zou from Stanford University in their 2023 paper "FrugalGPT: How to Use Large Language Models While Reducing Cost and Improving Performance". The paper outlines strategies for more cost-effective and performant usage of large language model (LLM) APIs.

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