Pyyan / Compare / Step 5 Preview vs Claude Fable 5

Step 5 Preview vs Claude Fable 5

2 of 5

Language Models · verified 20 Sept 2026

Step 5 PreviewStepFuncurrent
Claude Fable 5Anthropiccurrent
3 slots left
SpecificationStep 5 PreviewClaude Fable 5
SummaryA frontier tier score at a tenth of the frontier price.Most capable widely released model, for the hardest reasoning and long-horizon agentic work.
Context1M1M
Input ($/Mtok)$1$10
Output ($/Mtok)$2.7$50
LicenceProprietaryProprietary
Max outputNot published128K
Parameters600B total, 27B active—
Released18 Sep 2026—
Model IDstep-5-previewclaude-fable-5
CategoryLanguage ModelsLanguage Models
OfficialStepFun ↗Anthropic ↗

Highlighted rows are where these differ.

Step 5 Preview

  • 600B total parameters with 27B active per token, text and images in
  • 24th of 200 models on the Artificial Analysis intelligence index
  • Listings disagree on context: 1M on StepFun's API and Artificial Analysis, 100K on some trackers

Best for cheap reasoning at volume.

Full spec sheet →

Claude Fable 5

  • Thinking is always on — the `thinking` param is rejected
  • Raw chain of thought is never returned
  • Requires 30-day data retention; unavailable under ZDR

Best for the hardest problems.

Full spec sheet →