Langtrace
Shares tags: build, observability & guardrails, cost/latency
AI Tool
Master Your LLM Costs with Arize Phoenix
Advanced Cost Tracking and Analytics for Large Language Models
Automate token-based cost calculations with real-time model pricing updates.Gain insights into usage patterns and cost attribution across multiple project levels.Enjoy complete flexibility with custom pricing options and model integration.
Tags
BuildObservability & GuardrailsCost/Latency
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overview
What is Arize Phoenix Cost Tracking?
Arize Phoenix Cost Tracking provides comprehensive evaluations and telemetry for large language models (LLMs). It empowers teams to efficiently monitor and manage their model costs, making it easier to optimize performance and spending.
- Vendor-agnostic tool catering to various AI providers.
- Seamless integration for quick deployment and data capture.
- Robust analytics at every project level for informed decision-making.
features
Key Features of Arize Phoenix
Phoenix offers a range of powerful features designed to enhance cost observability and optimization for LLM teams. From automatic cost calculations to customizable pricing structures, every feature is focused on maximizing your operational efficiency.
- Automatic token-based cost calculations with built-in pricing tables.
- Attributable costs at trace, span, session, experiment, and project levels.
- Flexibility to add custom models and override default pricing.
use_cases
Ideal Use Cases for Arize Phoenix
Arize Phoenix is perfect for AI and LLM teams looking to improve their cost management strategies and optimize their model performance. Whether you're experimenting with new prompts or analyzing spend trends, Phoenix provides the data you need.
- Monitor and manage costs across multiple AI projects.
- Experiment with models and prompts without worry of vendor lock-in.
- Identify cost trends and optimize usage patterns effectively.
Frequently Asked Questions
How does Phoenix calculate costs?
Phoenix uses a built-in, continuously updated model pricing table to automatically compute costs based on token usage. This supports multiple providers, ensuring accurate cost tracking.
Can I customize pricing for my models?
Yes! Arize Phoenix allows you to override default pricing and add custom models. You can also set effective pricing dates to match your specific contract requirements.
Is Arize Phoenix suitable for teams using multiple AI vendors?
Absolutely! Phoenix is designed as a vendor-agnostic solution, providing open observability across various AI and LLM platforms without the risk of vendor lock-in.