Managed LLM platforms — three strategies AWS Bedrock — marketplace Claude · Llama · Titan · Cohere Mistral · Stability · AI21 one IAM, one CloudWatch surface Application Inference Profiles cleanest FinOps attribution tag team / product / feature per-profile cost without post-proc TTFT P50 ≈ 75 ms on-demand shared capacity PT available $21-$50/hr bet: optionality over any one model frontier rotates — keep the door open BAA in most regions, VPC endpoints guardrails built-in Azure OpenAI — exclusive + PTU GPT-4 / 4o / 5 / o-series DALL-E, Whisper, fine-tuning no non-OpenAI models Provisioned Throughput Units dedicated capacity, hourly billed up to 70% savings at high util break-even ≈ 40-60% utilization TTFT P50 ≈ 50 ms (PTU) 25 ms better than Bedrock gap shrinks on on-demand bet: OpenAI stays the frontier regulated-industry default HIPAA, SOC 2, ISO 27001 EU data residency available Vertex AI — Gemini-first Gemini 2.5 Pro / Flash / Nano 1M-token context window Model Garden for 3rd-party BigQuery billing export project-per-team + labels arbitrary SQL on cost data more work, more flexibility TTFT P50 ≈ 60 ms on-demand, shared provisioned per-SKU, less public bet: multimodal long-context 1M context is the differentiator Model Garden hedges third-party GCP compliance inherits two-provider minimum — Claude from one, GPT from another, gateway failover between single-vendor lock-in is the expensive mistake in 2026 — frontier rotates monthly