Anthropic’s AI Claude Haiku 3.5 release comes with price hike – ReadWrite
Joel Loynd’s obsession with uncovering bad games and even worse hardware so you don’t have to has led him on this path. Since the age…
Sam Shedden is an experienced journalist and editor with over a decade in online news. A seasoned technology writer and content strategist, he has contributed…
Anthropic, the company behind OpenAI’s ChatGPT competitor, Claude, has launched its updated version of the Haiku model. The model, dubbed 3.5 Haiku, is now available via their own service, Amazon Bedrock, and Google Cloud’s Vertex AI.
Claude 3.5 Haiku can apparently beat OpenAI’s leading model, GPT-4o, as well as trouncing older models of Anthropic’s AI. The additional boon to the software is that it’s much cheaper to run. A running concern in the artificial intelligence space is that the cost of running these various models is ever-rising.
Recently, Microsoft began to move into utilizing nuclear power for its data centers and Meta had its nuclear plans scuppered by a rare bee.
Haiku brings a price increase, despite the developers stating it is cheaper to run. This is due to its supposed increase in “intelligence”. As AI language models like Claude are improved, the expectation was that the costs would come down.
Anthropic has bucked this trend, with some saying it has said the quiet part out loud.
Wow they said the quiet part loud there… https://t.co/G7VaJdr1eY
— Jeremy Howard (@jeremyphoward) November 5, 2024
The price increase brings Haiku from $0.25 per million input tokens to $1. Per million output tokens have been raised from $1 to $5. This is a massive price increase for how large language models operate and what they can produce.
It’s estimated that every four characters is a token, with the million tokens coming to around 750,000 words. However, this can vary between models.
If you’re using 3.5 Haiku for its allegedly better coding abilities, you could burn through your million output tokens very quickly. If you input a PDF or file, this also counts against your input tokens.
The price increase has ruffled feathers online. X users have been blasting the changes. One user said, “You’re supposed to scale price with compute costs, not intelligence.”
Another posted a meme of Shaq and Charles Barkley, saying “Aw man, we don’t wanna see this.”
AI price hikes are an ongoing concern, as industry veteran Ed Zitron, who writes the Where’s Your Ed At newsletter pointed out. Speaking about OpenAI, which operates very similarly to Anthropic, he pointed out that “OpenAI is more than likely charging only a small percentage of what it likely costs to run its models”.
The fear is that this trend will continue across the board, with Anthropic’s price hike only a drop in the water.
Featured image: Adobe Stock, Adobe Firefly, Anthropic, Flickr
The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite’s style guidelines.
Joel Loynd’s obsession with uncovering bad games and even worse hardware so you don’t have to has led him on this path. Since the age of six, he’s been poking at awful games and oddities from his ever-expanding Steam library. He’s been writing about video games since 2008, writing for sites such as WePC and PC Guide, as well as covering gaming for Scan Computers, More recently Joel was Dexerto’s E-Commerce and Deputy Tech Editor, delving deep into the exploding handheld market and covering the weird and wonderful world of the latest tech.
Anthropic, the company behind OpenAI’s ChatGPT competitor, Claude, has launched its updated version of the Haiku model. The model, dubbed 3.5 Haiku, is now available via their own service, Amazon…
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This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Sam Shedden is an experienced journalist and editor with over a decade in online news. A seasoned technology writer and content strategist, he has contributed…
- Anthropic launched the Claude 3.5 Haiku model, now on Amazon Bedrock and Google Cloud.
- Claude 3.5 Haiku claims better performance than GPT-4o, with lower operating costs.
- Despite lower costs, token prices rose significantly, sparking online criticism.
Anthropic, the company behind OpenAI’s ChatGPT competitor, Claude, has launched its updated version of the Haiku model. The model, dubbed 3.5 Haiku, is now available via their own service, Amazon Bedrock, and Google Cloud’s Vertex AI.
Claude 3.5 Haiku can apparently beat OpenAI’s leading model, GPT-4o, as well as trouncing older models of Anthropic’s AI. The additional boon to the software is that it’s much cheaper to run. A running concern in the artificial intelligence space is that the cost of running these various models is ever-rising.
Recently, Microsoft began to move into utilizing nuclear power for its data centers and Meta had its nuclear plans scuppered by a rare bee.
Haiku brings a price increase, despite the developers stating it is cheaper to run. This is due to its supposed increase in “intelligence”. As AI language models like Claude are improved, the expectation was that the costs would come down.
Anthropic has bucked this trend, with some saying it has said the quiet part out loud.
Wow they said the quiet part loud there… https://t.co/G7VaJdr1eY
— Jeremy Howard (@jeremyphoward) November 5, 2024
The price increase brings Haiku from $0.25 per million input tokens to $1. Per million output tokens have been raised from $1 to $5. This is a massive price increase for how large language models operate and what they can produce.
It’s estimated that every four characters is a token, with the million tokens coming to around 750,000 words. However, this can vary between models.
If you’re using 3.5 Haiku for its allegedly better coding abilities, you could burn through your million output tokens very quickly. If you input a PDF or file, this also counts against your input tokens.
The price increase has ruffled feathers online. X users have been blasting the changes. One user said, “You’re supposed to scale price with compute costs, not intelligence.”
Another posted a meme of Shaq and Charles Barkley, saying “Aw man, we don’t wanna see this.”
AI price hikes are an ongoing concern, as industry veteran Ed Zitron, who writes the Where’s Your Ed At newsletter pointed out. Speaking about OpenAI, which operates very similarly to Anthropic, he pointed out that “OpenAI is more than likely charging only a small percentage of what it likely costs to run its models”.
The fear is that this trend will continue across the board, with Anthropic’s price hike only a drop in the water.
Featured image: Adobe Stock, Adobe Firefly, Anthropic, Flickr
The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite’s style guidelines.
Joel Loynd’s obsession with uncovering bad games and even worse hardware so you don’t have to has led him on this path. Since the age of six, he’s been poking at awful games and oddities from his ever-expanding Steam library. He’s been writing about video games since 2008, writing for sites such as WePC and PC Guide, as well as covering gaming for Scan Computers, More recently Joel was Dexerto’s E-Commerce and Deputy Tech Editor, delving deep into the exploding handheld market and covering the weird and wonderful world of the latest tech.
Anthropic, the company behind OpenAI’s ChatGPT competitor, Claude, has launched its updated version of the Haiku model. The model, dubbed 3.5 Haiku, is now available via their own service, Amazon…
By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.
Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.
Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech’s intricate relationships with society.
Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.
REGULATION & HIGH RISK INVESTMENT WARNING: Trading Forex, CFDs and Cryptocurrencies is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital, therefore you should not speculate with capital that you cannot afford to lose. The content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. Please note that we do receive advertising fees for directing users to open an account with the brokers/advertisers and/or for driving traffic to the advertiser website
© ReadWrite. All Rights Reserved.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
