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Anthropic · Frontier

Claude Fable 5.1

Anthropic's most capable generally available model, the successor to Fable 5 for long-running agentic coding, knowledge work and research. Thinking is adaptive and always on. Same $10 / $50 price as Fable 5, with cache reads cut to $0.25 per million tokens.

Model ID: claude-fable-5-1

What that means

A worked example

Per-token pricing is hard to feel. Take a moderately chatty production workload: 100 calls a day, roughly 10,000 tokens in and 2,000 out each time. On Claude Fable 5.1 that comes to about:

$600 / month

Before caching, batching or volume discounts, all of which move this number a long way. Illustrative only.

Strong at

  • -Long-horizon agentic work
  • -Hard reasoning
  • -Research synthesis

Typical use

  • -Multi-hour agent runs
  • -Complex research
  • -Large refactors

Watch out for

  • -tool_choice any and tool return a 400 error; use auto with strict tool use
  • -Uses the newer tokenizer: roughly 30% more tokens for the same text than pre-4.7 models

Same tier

What else to look at

Full table →
ModelDeveloperContextIn / 1MOut / 1M
Claude Opus 5.5Anthropic1M$4$20
Claude Fable 5Anthropic1M$10$50
Claude Opus 5Anthropic1M$5$25
Claude Opus 4.8Anthropic1M$5$25
GPT-6 AstraOpenAI1.05M$10$50

Verified 2026-10-11.