Claude Opus 5 Launched — Near-Frontier Intelligence at Half Fable 5's Price
View original source →Anthropic released Claude Opus 5 on July 24, becoming the new default model on Claude Max and the most capable model available on Claude Pro. Priced at $5 per million input tokens and $25 per million output tokens, it delivers intelligence approaching Fable 5 at half the price.
Key Points:
• Priced at $5/M input tokens and $25/M output tokens — matching Opus 4.8's pricing while delivering near-Fable 5 capability • New 'Effort Control' feature: users can set low, medium, or high effort per query — low maximizes speed, high initiates deep multi-step reasoning • On Frontier-Bench and GDPval-AA evaluations, Opus 5 is the new state-of-the-art in its price tier • Deployed with a 1-million token context window across Claude Max, Pro, and Team plans • The Batch newsletter described it as: 'Opus outshines even Fable' in tasks requiring careful reasoning
Opus 5 breaks the assumption that near-frontier intelligence requires frontier-level pricing. The Effort Control feature is the first user-facing dial for managing per-query AI reasoning intensity.
Why It Matters: Opus 5 significantly changes the economics of high-quality AI use at scale. At half the cost of Fable 5, organizations can access near-frontier intelligence without frontier-level pricing.