Anthropic Launches New Claude 3 Models: Capabilities, Use Cases, And Cost Explained

Anthropic, OpenAI’s competitor, has launched the Claude 3 model family, which includes three state-of-the-art models. In ascending order of capability, these are Haiku, Sonnet, and Opus. Each successive model offers more powerful performance, giving users many options per their intelligence, speed, and cost requirements. While Opus and Sonnet are available to use in claude.ai, which is generally available in 159 countries, Haiuki will be available soon.

What Is Claude 3 Opus?

According to the official press release, Opus outperforms its peers on most common evaluation benchmarks, such as basic mathematics, graduate-level expert reasoning (GPQA), and undergraduate-level expert knowledge (MMLU). For instance, on an MMLU task, Opus achieved 86.8% SOG (five shots), while GPT-4 achieved 86.4% SOG (five shots).

Opus Vs. GPT-4 Benchmark Scores

In the GPQA benchmark, Opus scores 50.4% (zero-shot CoT), whereas GPT-4 scores 35.7% (zero-shot CoT). With respect to multilingual math and code generation, Opus achieves 90.7 (zero-shot) and 84.9% (zero-shot), while GPT-4 hits 74.5% (eight shots) and 67.0% (zero shot), respectively. Clearly, Anthropic’s Opus model outmuscles OpenAI’s GPT-4 model by a significant margin.

What About Haiky And Sonnet?

Anthropic claims Haiku is the fastest and most cost-effective model on the market (with better benchmark scores than GPT 3.5). The official release says it can read a data-dense research paper with charts and graphs in less than three seconds. Further, Sonnet is about twice as fast as Claude 2 and Claude 2.1, featuring higher intelligence levels. Last but not least, Opus delivers similar speeds to its predecessors, with much higher levels of intelligence.

A Few Claude 3 AI Models Use Cases

All three models offer better analysis, forecasting, and nuanced content creation capabilities. Further, they excel in multimodal inputs, processing various visual formats, including photos, charts, graphics, and technical diagrams. Unlike Claude 2, all Claude 3 models will offer a 200K content window upon launch, even though they can accept one million tokens. That said, Claude 3 models can provide enough power for live customer chats, auto-completions, and data extraction tasks, with a more nuanced understanding of requests.

Claude 3 AI Models Cost Explained

Claude 3 Haiku costs $0.25 for a million tokens’ input and $1.25 for a million tokens’ output. The model provides a context window of 200K tokens. Potential use cases for this particular model include customer interactions, content moderation, and cost-saving tasks. On the other hand, Sonnet costs $3 for a million tokens’ input and $15 for a million tokens’ output. The potential use cases for this model include data processing, product recommendations, targeted marketing, code generation, and quality control.

Last but not least, the Opus model costs $15 per one million input tokens and $75 per one million output tokens. This particular model has potential use cases in task automation, research and development, and advanced chart and graph analysis. Moreover, the Claude 3 models push the boundaries of what AI models can do and compel the competition to up their game.

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