The new Claude 3 model family from Anthropic. Claude 3 is out, and comes in three sizes: Opus (the largest), Sonnet and Haiku.
Claude 3 Opus has self-reported benchmark scores that consistently beat GPT-4. This is a really big deal: in the 12+ months since the GPT-4 release no other model has consistently beat it in this way. It’s exciting to finally see that milestone reached by another research group.
The pricing model here is also really interesting. Prices here are per-million-input-tokens / per-million-output-tokens:
Claude 3 Opus: $15 / $75
Claude 3 Sonnet: $3 / $15
Claude 3 Haiku: $0.25 / $1.25
All three models have a 200,000 length context window and support image input in addition to text.
Compare with today’s OpenAI prices:
GPT-4 Turbo (128K): $10 / $30
GPT-4 8K: $30 / $60
GPT-4 32K: $60 / $120
GPT-3.5 Turbo: $0.50 / $1.50
So Opus pricing is comparable with GPT-4, more than GPT-4 Turbo and significantly cheaper than GPT-4 32K... Sonnet is cheaper than all of the GPT-4 models (including GPT-4 Turbo), and Haiku (which has not yet been released to the Claude API) will be cheaper even than GPT-3.5 Turbo.
It will be interesting to see if OpenAI respond with their own price reductions.
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