Image: Estimated training cost of some AI models - 2024 AI index

Description: It shows the rapid increase in the computing used to train large language models. It also shows that the training cost of the best closed large language models seems much higher than the training cost of the best open-weight ones, leading to higher performance. The training cost of models like GPT-4 is not publicly known, so this is just an estimate. The data is from Epoch in 2023, and the chart is from Stanford University's 2024 AI index.
Title: Estimated training cost of some AI models - 2024 AI index
Credit: https://aiindex.stanford.edu/report/#individual-chapters (chapter 1, image 3)
Author: Stanford Institute for Human-Centered Artificial Intelligence (permission obtained by email from the AI index research manager)
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