Prompt caching - OpenAI API #ai #openai #promptengineering

In this video, we dive into the Prompt Caching feature of GPT models, specifically focusing on OpenAI's GPT-4o and GPT-4o-mini. Discover how this powerful feature can help you reduce API costs by up to 50% while improving performance and efficiency in your AI-driven applications.

We’ll walk through a practical demo in Google Colab, showing how to:

Extract text from a PDF

Split the document into manageable chunks

Use OpenAI’s API to cache tokens, saving on repetitive API calls

Compare the costs of using cached vs. uncached tokens

By the end of this video, you'll have a clear understanding of how to leverage prompt caching to optimize both the performance and cost-effectiveness of your AI projects.

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