Glossary

AI FinOps: Applying visibility, attribution, optimization, and accountability practices to AI and LLM spend.
Chargeback: Assigning spend to teams, products, or customers for accounting or budget ownership.
Showback: Reporting spend ownership without directly billing the owning team.
Model routing: Sending each request to the cheapest model or provider that satisfies quality and latency constraints.
Semantic caching: Reusing responses for semantically similar requests after applying a quality threshold.