Anthropic releases Claude 3 Haiku model

Claude 3 Haiku outperforms its competition, such as OpenAI’s GPT-3.5 and Google’s Gemini 1.0 Pro, on speed and affordability, according to Anthropic.

“With state-of-the-art vision capabilities and strong performance on industry benchmarks, Haiku is a versatile solution for a wide range of enterprise applications,” the company said in an announcement.

Anthropic said Claude 3 Haiku is three times faster than its peers for the “vast majority” of workloads. It can reportedly process 21,000 tokens – or about 30 pages – per second for prompts under 32,000 tokens.

“It also generates swift output, enabling responsive, engaging chat experiences and the execution of many small tasks in tandem,” Anthropic said.

When compared to GPT-3.5 and Gemini 1.0 Pro, Claude 3 Haiku is better at things like grade school math, coding, and reasoning over text among other commonly referred to benchmarks, according to Anthropic.

It said its new model also outperformed rivals on price, with its 1:5 input-to-output token ratio “designed to enterprise workload which often involves longer prompts.”

“Businesses can rely on Haiku to quickly analyze large volumes of documents, such as quarterly filings, contracts, or legal cases, for half the cost of other models in its performance tier,” the company said.

“For instance, Claude 3 Haiku can process and analyze 400 Supreme Court cases or 2,500 images for just one US dollar.”

Claude 3 Haiku is part of Anthropic’s Claude 3 model “family,” which also includes the Claude 3 Sonnet and Claude 3 Opus, with Opus the most expensive and the most advanced, and Haiku the cheapest.

According to Anthropic, all three models show increased capabilities in analysis and forecasting, nuanced content creation, code generation, and conversing in non-English languages like Spanish, Japanese, and French.

Anthropic is headquartered in San Francisco and was founded in 2021 by former OpenAI employees.

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