LangChain is an open‑source framework for building applications powered by large language models (LLMs), providing abstractions and tooling to connect models with prompts, data sources, tools, and workflows. It simplifies chaining together multiple model calls, retrieval, tools, and agents into production‑grade LLM applications. LangChain matters because it has become a de facto standard for rapid prototyping and orchestrating complex LLM workflows across Python and JavaScript ecosystems.
by LangChain, Inc.Startup
Core LangChain libraries (Python and JS) are open‑source under the MIT License and free to use [https://github.com/langchain-ai/langchain/blob/master/LICENSE]. LangSmith (the hosted observability and evaluation platform) uses a paid/enterprise SaaS model; detailed pricing is not publicly listed and typically requires contacting sales [https://www.langchain.com/langsmith].