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Anthropic debuts Claude Fable 5.2 and Mythos 5.2 models as IPO nears

Anthropic released the Claude Fable 5.2 and Claude Mythos 5.2 models on Monday, saying both generate outputs 30% faster than their predecessors with improvements in coding, reasoning and vision. Fable 5.2 is available across Anthropic's platforms now at $8 per million input tokens and $40 per million output tokens, down from $10 and $50 for Fable 5.1, while Mythos 5.2 is restricted to organizations in Anthropic's Life Sciences and Cyber verification programs. The launch comes ahead of Anthropic's anticipated initial public offering later this month, with Wall Street's valuation target now between $1 trillion and $1.5 trillion, down from upwards of $2 trillion amid market turmoil around the AI trade.

by read2 min views3 publishedNov 9, 2026
Anthropic debuts Claude Fable 5.2 and Mythos 5.2 models as IPO nears
Image: Ca (auto-discovered)

Anthropic (ANTH.PVT) introduced Claude Fable 5.2 and Claude Mythos 5.2 AI models on Monday.  The company's most powerful models, Anthropic says Fable 5.2 and Mythos 5.2 generate outputs 30% faster than their predecessors and offer improvements across coding, reasoning, and vision.

Fable 5.2 is available across the company's platforms today. Mythos 5.2 is limited to organizations that are a part of Anthropic's Life Sciences and Cyber verification programs.

The company says Fable 5.2 will also be less expensive to run than Fable 5.1. Fable 5.2 will now cost $8 per million input tokens and $40 per million output tokens. Fable 5.1 cost $10 per million inputs and $50 per million outputs.

Tokens are a unit of measurement in AI that represent pieces of words or phrases you type or speak to a model and its responses.

AI companies are engaged in a pricing war as models become more efficient and customers look for ways to save on AI services.

Industry experts say that over time enterprises will likely rely on a mix of closed-weights models like Anthropic's and open-weights AI models to meet their needs. The idea is to avoid being locked into a single model vendor, while also being able to reduce overall costs.

Fable 5.2 and Mythos 5.2 come ahead of Anthropic's anticipated initial public offering later this month.

[But recent market turmoil](https://finance.yahoo.com/technology/article/anthropics-ipo-plans-run-up-against-a-battered-wall-street-192138177.html) around the AI trade could derail that. 

While Wall Street was initially targeting upwards of a $2 trillion valuation for Anthropic's debut, but that could [now end up between $1 trillion](https://finance.yahoo.com/technology/ai/article/anthropic-ipo-what-we-know-143321078.html) and $1.5 trillion. 

There are also concerns that the company could end up pushing out its debut to a later date in hopes that market conditions will improve.

Email Daniel Howley at dhowley@yahoofinance.com*. Follow him on X at* @DanielHowley or reach out on Signal or Telegram.

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