Semantic Caching at the LLM Gateway: What It Saves and the Four Ways It Leaks
Semantic caching answers a new prompt with a stored response when the embeddings are close enough. It cuts cost and latency, and it introduces a shared read path across whatever tenants and identities share the cache namespace. This covers the architecture, the similarity threshold problem, four concrete leak paths including cross-tenant hits and stale policy decisions, and the partitioning rules that make a cache safe to run.
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