Updated
Updated · Gizmodo · Jun 12
Anthropic Moves Fable 5 to $10-per-Million Pricing as OpenAI Weighs Token Cuts
Updated
Updated · Gizmodo · Jun 12

Anthropic Moves Fable 5 to $10-per-Million Pricing as OpenAI Weighs Token Cuts

3 articles · Updated · Gizmodo · Jun 12

Summary

  • June 23 is the cutoff for Anthropic’s Fable 5 to leave subscription token allowances and shift all users to pay-as-you-go pricing, charging $10 per million input tokens and $50 per million output tokens.
  • Fable 5 uses more tokens than earlier Anthropic models, so subscribers paying the same monthly fee could hit limits faster; heavier coding and autonomous tasks could push bills well above simple chatbot use.
  • OpenAI is weighing significant token price cuts as customer cost concerns grow, while GPT-5.5 Pro already undercuts Fable at $5 per million input tokens and $30 per million output tokens.
  • Google’s Gemini 3.5 Flash is cheaper still at $1.50 per million input tokens and $9 per million output tokens, underscoring widening pricing gaps as AI providers compete on cost and capacity.

Insights

Is the AI price war about cheaper chatbots or a strategic battle to build the world's next operating system?
As AI prices plummet towards zero, how can tech giants justify their trillion-dollar valuations to investors?
With AI set to eliminate millions of entry-level jobs, what does the future of work look like for new graduates?