Vercel AI Gateway
Claude Fable 5.2, released on November 9, 2026, is Anthropic's frontier model for demanding reasoning and long-running agent work, combining a large context window with improved coding, research, and visual reasoning capabilities. Its standard API pricing is $8 per million input tokens and $40 per million output tokens, so developers weighing an upgrade must judge whether the capability gains justify the cost on completed work. The page breaks down features including long-horizon agentic reasoning, stronger coding and software engineering, faster token generation, and scientific and mathematical reasoning, then covers benchmark results such as FrontierCode 2.0 and FrontierSWE v2 alongside Artificial Analysis comparisons. It closes with a migration checklist covering thinking-block prefix validation, model-bound thinking blocks, updating the computer-use tool, and reviewing data retention and request parameters.
