Glossary

Cost Monitoring

Also called: Cost Observability

The continuous tracking and analysis of infrastructure, API, and model usage costs to optimize spending and detect unexpected expenses.

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Related terms

Model Monitoring

The practice of continuously tracking an AI model's performance, behavior, usage, and operational health in production.

Cost Optimization

The process of reducing infrastructure, model, and operational costs while maintaining or improving application performance, reliability, and quality.

Token Usage

The total volume of prompt and completion tokens consumed during interactions with a language model.

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