From the course: AI-Powered Development with the Anthropic API
Exploring the Claude family of models for developers - Claude Tutorial
From the course: AI-Powered Development with the Anthropic API
Exploring the Claude family of models for developers
- Claude isn't just a single tool, it's a family of models, giving developers a powerful way to build AI-powered applications. Choosing the right one for your application is critical. To understand the offerings, let's talk about how the models process information. When data is fed into a model, it's converted into numerical information, something that's easier for computers to handle. We measure that volume in tokens. Different modalities, like text or images, convert into different token amounts. In text terms, roughly 1,000 words will equal about 750 tokens. The cost of using a model is based on how much data you sent to the model, known as the input, and how much data you receive from the model, called the output tokens. Together, input and output make up something called the context window, the maximum amount of information a model can handle at one time. Claude has one of the most generous context windows, starting at 200,000 tokens, but it's capable of holding up to 1 million tokens or more. To optimize costs, models also use a technique called caching, storing frequently used information to reduce processing costs. This is a common and effective way to save money. You can find a breakdown of these costs on the Claude pricing page at anthropic.com/pricing. Be sure to check back here often since its pricing and model options update frequently. So how do you choose the right model for your application? There are three main models, Haiku, Sonnet, and Opus. Each offers similar capabilities, but varies in terms of speed, cost, and performance. Haiku is the fastest and cheapest model, but speed and affordability come at the cost of size. It's the smallest of the three models, and that makes it ideal for applications running on less powerful devices or when speed and budget are top priorities. Next up is Sonnet. It's the most commonly used model, and it's often updated ahead of the others. The current version of Sonnet is a hybrid model capable of choosing when to apply reasoning. It's state-of-the-art for coding, vision, and data analysis. For many applications, this will likely be your go-to model. Finally, there's Opus. This model delivers maximum intelligence, often ranking highest in comprehension and reasoning. But because it's the largest, it's also slower and more expensive. If you need top-tier AI performance, Opus is the model for you. Anthropic's family of models is among the most sophisticated in AI today. But before you dive in, take the time to review their capabilities and pricing. These choices will significantly impact how your application functions and what it costs to run.