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Applied AI·July 24, 2026·1 min read

Opus 5 improves coding, reasoning efficiency, and prompt-cache-friendly tool use, and is priced at $5/1M input tokens and $25/1M output, same as Opus 4.8

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Near-Fable performance at Opus 4.8 pricing means Anthropic is explicitly trading frontier bragging rights for unit economics in day-to-day coding and agent workloads. If you're running large prompt-cache-heavy systems, this is a direct margin lever—re-run your cost models and evals against Opus 5 this week.