Prices per 1M tokens Claude Opus 5.5 Claude Opus 5
Cache reads $0.20 $0.50
Input tokens $4 $5
Output tokens $20 $25
Cache writes $5 $6.25
Opus 5 is the model with highest spend on openrouter (<a href="https://openrouter.ai/rankings#task-spend" rel="nofollow">https://openrouter.ai/rankings#task-spend) and it seems plausible that Opus 5 is/was the highest spend model in the world, and certainly Anthropic's biggest moneymaker.
If you are forced to reduce price despite raising capabilities, that certainly tells something about the market, and potentially about Anthropic future profitability too, since this model is their biggest topline contributor
These companies are posting massive losses while also lowering prices. This sounds just like the Chinese bikeshare bubble where they were all taking massive losses in hopes that their competitor would go broke first.
In the end, everyone lost and there are millions of bikes in landfills.
If you're interested in the bikeshare bubble, Asianometry did a video on it a while ago.
GodelNumbering · · focus · HN ↗
If you are forced to reduce price despite raising capabilities, that certainly tells something about the market, and potentially about Anthropic future profitability too, since this model is their biggest topline contributor
margorczynski · · focus · HN ↗
It doesn't look like that's happening, on the contrary the prices are falling especially when taking into account capabilities.
hajile · · focus · HN ↗
In the end, everyone lost and there are millions of bikes in landfills.
If you're interested in the bikeshare bubble, Asianometry did a video on it a while ago.
<a href="https://www.youtube.com/watch?v=FQrEDq8KPiU" rel="nofollow">https://www.youtube.com/watch?v=FQrEDq8KPiU
MayeulC · · focus · HN ↗