TL;DR

The cost of implementing generative AI in business can range from a few hundred dollars per month to $190,000 (and counting) for a bespoke generative AI solution based on a fine-tuned open-source model
This generative AI cost difference is driven by several factors, including the tasks you’re looking to enhance, the model that best suits those tasks, and the selected implementation approach
To optimize the associated expenses, you need to carefully consider your project requirements, assess on-premises and cloud infrastructure expenses, and choose between hiring in-house AI talent and outsourcing the project to a third-party

We’ve already told you how generative artificial intelligence (Gen AI) compares to traditional AI and what pros and cons the technology has.



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