As previously promised , here's Anthropic's new fast, low cost model: Introducing Claude Haiku 5.5 . The previous Haiku, 4.5, was very much showing its age. It came out almost a year ago , and was priced at $1/million input and $5/million output - relatively expensive even back then, and a full 10x the price of OpenAI's GPT-6 Luna , released last month. The new Haiku exactly matches the price of GPT-6 Luna - $0.10/$0.50 - up to 100,000 tokens. Beyond 100,000 tokens the price increases 5x to $0.50/$2.50. Luna itself has a price increase at 272,000 tokens but only to $0.20/$0.75. Haiku 5.5 also uses a new, less generous tokenizer. My Claude Token Counter tool shows that the same long prompt uses around 1.25x as many tokens with Haiku 5.5 compared to Haiku 4.5, so there's a hidden price increase there. If your workloads fit in 100,000 tokens, Haiku is the same price as Luna and reports higher benchmark scores. Above 100,000 tokens, Luna looks like a much better deal. The most recent release of llm-anthropic finally fixed it so I don't need to ship a new version of that plugin for every new model. I tested the new model like this: llm install -U llm-anthropic llm anthropic refresh llm -m claude-haiku-5.5 "Generate an SVG of a pelican riding a bicycle" -o thinking_effort low Pelicans Here are pelicans for low, medium, high, xhigh, and max . The new Haiku doesn't let you disable reasoning, and defaults to medium . I got a good bicycle frame for everything beyond low . The low effort pelican cost 0.0936 cents and took 7 seconds. This max effort pelican (with a reasoning trace that starts "This is the classic pelican-on-bicycle SVG test...") took 5 minutes 9 seconds to generate, but still only cost me 3.3826 cents : (Since the reasoning trace exhibits awareness of the benchmark, here's Generate an SVG of an armadillo in fishnet tights jaywalking on Mars (on xhigh) , and the same prompt against some other recent models . Background on that .) For comparison, here's the pelic