Choosing the Right LLM for Enterprises

As of 2024, it is clear that there are hundreds of LLMs available, with new ones being designed and issued on a consistent basis. Given the vast number of Large Language Models (LLMs) available, it might be difficult to find one that meets your unique needs. The sector is rapidly developing, with new models and improved versions appearing every week. As a result, any list of LLMs and their applications rapidly becomes obsolete. Optimizing costs while sustaining performance is crucial for the sustainable use of LLMs. As reported by AIM and other media outlets, OpenAI incurs approximately $700,000 daily to operate ChatGPT. Choosing the best LLM is a challenging problem for businesses owing to a variety of variables. Diverse business demands imply that an LLM that works for one organisatio