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Anthropic announces pricing changes for its AI model API, with rates of $10 and $50 per million input and output tokens respectively, and a 75% reduction in cache read costs. The company claims these changes lead to about 25% lower typical costs and up to 45% savings for agentic workloads.
The author used Claude and ccusage to calculate that 78% of costs for Fable 5.1 come from cache reads, predicting a 57% cost reduction if cache reads become cheaper.