AWS Cloud Financial Management
Category: HAQM Bedrock
Optimizing cost for using foundational models with HAQM Bedrock
As we continue our five-part series on optimizing costs for generative AI workloads on AWS, our third blog shifts our focus to HAQM Bedrock. In our previous posts, we explored general Cloud Financial Management principles on generative AI adoption and strategies for custom model development using HAQM EC2 and HAQM SageMaker AI. Today, we’ll guide you through cost optimization techniques for HAQM Bedrock, AWS’s fully managed service that provides access to leading foundation models. We’ll explore making informed decisions about pricing options, model selection, knowledge base optimization, prompt caching, and automated reasoning. Whether you’re just starting with foundation models or looking to optimize your existing HAQM Bedrock implementation, these techniques will help you balance capability and cost while leveraging the convenience of managed AI models.
Optimizing Cost for Generative AI with AWS
If you or your organizations are in the midst of exploring generative AI technologies, it’s important for you to be aware of the investment that comes with these advanced applications. While you are aiming at the expected return on your generative AI investment, such as, operational efficiency, increased productivity, or improved customer satisfaction, you should also have a good understanding of levers you can use to drive cost savings and enhanced efficiency. To guide you through this exciting journey, we will publish a series of blog posts filled with practical tips to help AI practitioners and FinOps leaders understand how to optimize the costs associated with your generative AI adoption with AWS.
re:Invent 2024 Cost Optimization highlights that you were not expecting
With re:Invent 2024 in the books, and over 50 launch announcements, here are four that we’re most excited about. The overarching theme of these launches appears to be leveraging HAQM’s automation capabilities to optimize costs and improve efficiency for customers.
New Cloud Financial Management Digital Training Courses
We’re excited to announce the release of AWS Cloud Financial Management digital training courses. These are four 1-hour courses that will get you familiarized with key AWS solutions to solve your daily FinOps needs, and equip you with cost optimization techniques for commonly used AWS services.