A guide on how to Finetune Large Language Models (LLMs) in 2024

Large Language Models (LLMs) have become popular in Natural Language Processing due to their ability to generate human-like text and engage in conversations. Pre-training of LLMs equips them with a broad understanding of language patterns, but fine-tuning is necessary for domain-specific tasks like healthcare or finance. Challenges associated with fine-tuning include complex setups, memory constraints, GPU costs, and lack of standardized methodologies. MonsterAPI's LLM FineTuner addresses these challenges by simplifying configurations, optimizing memory usage, providing affordable GPU access, and offering standardized practices. The platform allows developers to fine-tune large language models like LLaMA 7B with DataBricks Dolly 15k for as low as $20.