Serverless inference
Glossary
Answer in brief
The 8 terms you meet when you read about serverless inference, each in one sentence, with an entry that says what it changes for a buyer.
Terms
- Serverless inference
Serverless inference is calling a model that a host runs for you and paying per token, with no machine to start, size or stop.
- Token
A token is a piece of a word, the unit a model reads and writes and the unit serverless inference is billed in.
- Per million tokens
Per million tokens is the unit serverless prices are quoted in: the dollars charged for one million tokens of input or of output.
- Precision
Precision is the number of bits each model weight is stored in when the model is served, shown in listings as codes such as bf16, fp8 and fp4.
- Context window
The context window is the most tokens a model can handle in one request, counting the input and the answer together.
- Output limit
The output limit is the most tokens a host lets a model write in a single request.
- Rate limit
A rate limit is the most requests or tokens a host accepts from one account in a minute or a day.
- Cached input
Cached input is the repeated opening of a prompt that a host has already processed, billed at a lower rate than fresh input.
Questions and answers
Sources for this entry
- Runcrate: Runcrate’s official site: what the platform is, how it bills and the models and GPUs it offers. Read 12 Nov 2026.
- Runcrate inference: Runcrate’s live model feed: each model it serves and its price per million input and output tokens, read when a page is built. Read 12 Nov 2026.
- Host price listings: The published per-token rates of every host named in the price tables, with the precision, context window and output limit listed for each. Read 12 Nov 2026.
- Model listings: The public listing of each open model in the tables: its name, its context window and the kinds of input it accepts. Read 12 Nov 2026.
Checklists are original editorial guidance. Published prices do not establish availability.
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Cite this entry
Serverless Inference Prices. “Glossary.” Content reviewed 12 Nov 2026. https://serverlessinferenceprices.com/glossary