The price of Claude 3 Opus is $15 per million input tokens (MTok). This premier model within the Claude 3 family is designed for highly complex tasks, offering top-tier performance at a corresponding price point.
Understanding Claude 3 Model Pricing
Anthropic's Claude 3 models are priced based on their capabilities and performance, typically calculated per token. The pricing provided specifically refers to input tokens, which are the tokens you send to the model.
Here's a detailed overview of the input pricing for various Claude 3 models:
| Model | Description | Price per MTok (Input) |
|---|---|---|
| Claude 3.5 Sonnet | Our most intelligent model to date | $3 |
| Claude 3 Opus | Powerful model for complex tasks | $15 |
| Claude 3 Haiku | Fastest, most cost-effective model | $0.25 |
Note: MTok stands for million tokens.
What Does "Per MTok (Input)" Signify?
The term "per MTok (Input)" indicates that you are charged for every million tokens of data that you send to the Claude 3 Opus model for processing. Tokens are fundamental units of text that large language models process, often corresponding to parts of words, whole words, or punctuation marks.
- Practical Implications:
- Cost for Complex Tasks: Given its pricing, Claude 3 Opus is optimized for demanding applications requiring advanced reasoning, comprehensive analysis, and high-quality outputs. Its cost reflects its ability to handle intricate queries and large volumes of data effectively.
- Token Calculation: Understanding tokenization is key to estimating costs. Longer input prompts, extensive documents, or detailed conversational histories will consume more input tokens, directly impacting the final expenditure. Opus is most suitable when the value derived from its superior performance outweighs the premium cost for token usage.
