Anthropic's high-priced AI model Fable5 sees stagnant demand, while affordable models are disrupting industry norms.

According to Sina Finance, demand for Anthropic's flagship high-priced AI model, Fable5, has stalled. Data analysis by Lamp on the AI spending of 70,000 enterprises shows that over two months since its release, corporate expenditure on this model accounts for only 11% of Anthropic's total model spending. The Financial Times points out that this disruptive shift breaks the industry convention of enterprise users previously prioritizing the most powerful models. Analysts and investors cite the core reasons as Fable5's steep pricing, along with the fact that existing models are already sufficient for most enterprise business needs. If this trend continues, the business model of AI companies investing billions in R&D to train large-parameter, highly complex models may face a fundamental transformation. Miles Clements, a partner at venture capital firm Accel—which invested $1 billion in Anthropic—stated that the vast majority of users do not require cutting-edge large models, and an era of customers blindly chasing top-tier models is unsustainable. He predicts that while breakthrough advances in AI performance are still needed to achieve high-difficulty objectives like disease treatment, premium large models will increasingly degenerate into mere "showcase pieces" for demonstrating technical capabilities. Lamp data indicates that since Anthropic's smaller-parameter but highly capable Opus5 launched in late July, enterprise expenditure on it has already surpassed that of Fable5. Industry insiders revealed that the ChatGPT 5.6 version launched by OpenAI in July, with prices far below...