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Cost of API
 
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Cost of API

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 Nik
(@expressn)
Posts: 1
Member
Topic starter
 

Can anyone give an idea  of approximate monthly cost towards using the ChatGPT API. Assuming a basic  service/app like say "Gift Recommendation" with around 100 to 500  queries every day ? 

 
Posted : 07/26/2023 5:02 am
Hasan Aboul Hasan
(@admin)
Posts: 1256
Member Admin
 

Hi Friend, this depends on how many token you are using, for example, if you are using 100 tokens for each request, it means 500*100 = 50000 Tokens.

1000 Tokens on Gpt-3.5 costs around $0.002 

check pricing here: https://openai.com/pricing

 
Posted : 07/26/2023 9:35 am
(@oscar-sosa)
Posts: 1
New Member Customer
 

Hello Hasan, this is fantastic information, and I appreciate you sharing it. Just to clarify, when developing an API that incorporates AI, it's necessary to use a personal ChatGPT API key from OpenAI, right? My concern is about the potential for unanticipated usage, leading to significant charges from OpenAI. Do you have any suggestions for mitigating this risk?

 

 
Posted : 11/27/2023 1:06 am
SSAdvisor
(@ssadvisor)
Posts: 1139
Noble Member
 

@oscar-sosa you can set a limit on the spend. Also, depending on the service you can request that someone enter their own API key for you to use.

Regards,
Earnie Boyd, CEO
Seasoned Solutions Advisor LLC
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Posted : 11/27/2023 2:02 am
Hasan Aboul Hasan
(@admin)
Posts: 1256
Member Admin
 

@oscar-sosa as @ssadvisor mentioned, you can set limits, and monitor your usage in your dashboard.

and based on your app structure, you can use your own key or make users enter their own keys.

Thanks @ssadvisor

 
Posted : 11/27/2023 9:11 am
(@Anonymous 28050)
Posts: 1
New Member Guest
 

An error occurred: API request failed. Response: {
"error": {
"message": "You exceeded your current quota, please check your plan and billing details. For more information on this error, read the docs: https://platform.openai.com/docs/guides/error-codes/api-errors .",
"type": "insufficient_quota",
"param": null,
"code": "insufficient_quota"
}
}

ju

 

 
Posted : 01/08/2024 11:33 am
(@husein)
Posts: 534
Member Moderator
 

That's error 429 according to openAI, they state:

Cause: You have run out of credits or hit your maximum monthly spend.
Solution: Buy more credits or learn how to increase your limits.

 
Posted : 01/08/2024 1:14 pm
SSAdvisor reacted
(@naveedbaig1)
Posts: 14
Active Member
 

@admin CAN YOU MAKE A VIDEO ABOUT IT , LIKE HOW THIS TOKEN THING WORKS AND THE LANGUAGE MODEL ONE SHOULD USE IN ORDER TO GET RESULTS. THANKS

 
Posted : 01/24/2024 1:18 pm
SSAdvisor
(@ssadvisor)
Posts: 1139
Noble Member
 

@naveedbaig1 why do you shout? Why do you need a video when you can just read this.

Regards,
Earnie Boyd, CEO
Seasoned Solutions Advisor LLC
Schedule 1-on-1 help
Join me on Slack

 
Posted : 01/24/2024 1:23 pm
howardtw1984 reacted
howardtw1984
(@howardtw1984)
Posts: 6
Active Member
 

Sometimes people's caps lock button dose not work. 🙂 

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Posted : 02/07/2024 10:46 am
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