Anthropic Increases Prices for Claude 3.5 Haiku AI Model

Anthropic has launched its new AI model, Claude 3.5 Haiku, which comes with a significant price increase, costing $1 per million input tokens and $5 per million output tokens, up from 25 cents and $1.25 respectively for its predecessor. This price hike has drawn criticism from developers who question the rationale behind increasing costs despite claims of enhanced intelligence and efficiency. The model is now touted to outperform older versions and even OpenAI's GPT-4o in various benchmarks, yet it lacks image analysis capabilities at launch. Some users expressed frustration, stating that pricing should align with computational costs rather than perceived intelligence. Anthropic's pricing strategy may challenge its competitiveness in the AI landscape, prompting potential reassessment as it navigates the ongoing price war among major players. The model is currently available through various platforms, including Amazon Bedrock and Google Cloud's Vertex AI.