What is Semantic Caching?
When we think of a typical API, part of a production-ready setup generally includes a cache. This cache allows for similar requests to be served without having to do the entire roundtrip. But when it comes to AI applications powered by large language models, traditional caching falls short. This is because queries to an AI endpoint may look different in terms of how things are worded or phrased but actually mean the same thing semantically.