Claude 3 Aggressive Pricing

Date: March 4, 2024

Company: Anthropic

Category: Applications & Products

Narrative

Opus $15/$75. Sonnet $3/$15. Haiku $0.25/$1.25. Competitive with OpenAI.

Pricing competitive. Sonnet became most popular tier. Haiku excellent price/performance. API adoption grew rapidly.

Pricing competition intensified. Multi-tier strategy validated. Developer switching costs lowered. OpenAI forced to respond.