Claude Opus 5: Token price unchanged, but cost per task just hit a new floor
On July 24, Anthropic released Claude Opus 5. The line that jumped out of the announcement was: frontier intelligence of Claude Fable 5 at half the price. A lot of Chinese coverage translated this as “Opus 5 cuts prices in half.” That summary is half right and half wrong. Half right because Anthropic’s own marketing line is exactly that: “frontier intelligence of Claude Fable 5 at half the price.” Half wrong because Anthropic did not cut the token price. Opus 5 still lists at $5 per million input tokens and $25 per million output tokens, identical to Opus 4.8. Fast mode is still 2x the base price on the Claude Platform and through usage credits in Claude Code. ...