Problem Statement:
The API deployment for this resource does not exist. If you created the deployment within the last 5 minutes, please wait a moment and try again with Azure Open AI integration.
Solution:
If you've encountered this error "The API deployment for this resource does not exist. If you created the deployment within the last 5 minutes, please wait a moment and try again" while using Prompty with Azure OpenAI integration. Don't worry, i have also encountered the same issue and got out of it.
Firstly you need to have a deployment server on the azure portal with its deployment name, azure endpoint and azure api key.
Now the error you are encountering, it is because you might be using your gpt model name on the "AZURE_OPENAI_MODEL" field but you have to use Deployment name from the Azure Open AI deployment server with their right api key and endpoint and now when you press F5, it surely will work.