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Model comparison

Claude Fable 5.1 vs NVIDIA Nemotron 3 Ultra

Anthropic against NVIDIA, compared on context, price, and verified benchmark results.

Catalog record checked September 3, 2026Individual provider fields may changeEvidence confidence: High — see receipts below

Anthropic

Claude Fable 5.1

Frontier

vs

NVIDIA

NVIDIA Nemotron 3 Ultra

Frontier · Open weights

AI model capability comparison
SpecificationClaude Fable 5.1NVIDIA Nemotron 3 Ultra
ProviderAnthropicNVIDIA
TierFrontierFrontier
Context window1M1M
Max output128KNot verifiedUnverified
Input / 1M tokens$10Winner: $0.50
Output / 1M tokens$50Winner: $2.20
WeightsClosedOpen
ParametersNot disclosedUnverified550B total / 55B active (MoE)
Reasoning levelsadaptivelow, high, max
Modalitiestext, imagetext
API model idclaude-fable-5-1nemotron-3-ultra-550b-a55b
ReleasedSeptember 1, 2026June 4, 2026
Artificial Analysis Intelligence Index (2026-08-14)Winner: 6654
Humanity's Last Exam (2026-09-01)65Not verifiedUnverified
Terminal-Bench 2.1 (2026-09-05)91.4Not verifiedUnverified
DeepSWE 1.1 (2026-09-03)67.4Not verifiedUnverified

Prices are USD per million tokens at standard rates, excluding batch and caching discounts. Bold indicates the better figure where one is objectively better. Values we could not confirm from the provider are shown as “Not verified” rather than estimated.

Benchmark receipts

Pricing tiers: Claude Fable 5.1: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. · NVIDIA Nemotron 3 Ultra: Open weights (weights + data + recipes); $0.50/$2.20 per MTok is the third-party hosted rate (OpenRouter). 550B/55B MoE.

FrontierRecord checked September 3, 2026

Claude Fable 5.1

Claude Fable 5.1 is Anthropic's September 2026 flagship refresh, debuting at the top of LiveBench and the Artificial Analysis Intelligence Index.

Best for

  • Frontier agents
  • Hardest reasoning work
  • Fable 5 workloads at the same price

Watch out

Early-life model: leaderboard position is from launch-week boards; recheck before committing spend.

FrontierOpen weightsRecord checked September 2, 2026

NVIDIA Nemotron 3 Ultra

Nemotron 3 Ultra is NVIDIA's open-weight (550B/55B) frontier MoE with a 1M-token context.

Best for

  • Open-weight frontier
  • Self-hosting on NVIDIA GPUs
  • Reasoning

Watch out

Top US open-weight until Thinking Machines Inkling; verify hosted pricing.

When the cheaper one wins

NVIDIA Nemotron 3 Ultra is cheaper on output at $2.20 per million tokens against $50 for Claude Fable 5.1 — about 23×. Use the cheaper tier for classification, extraction, summarisation, and any task where the expensive model’s extra score does not change the accepted output. The expensive one only pays if your hardest task actually fails on the cheap tier. These are standard-tier API rates, excluding batch and cache discounts.

Run the model picker

Evidence confidence: High

How strong and complete the evidence behind this comparison is — not a prediction of which model is better.

  • Pricing verified on both sidesInput and output rates are verified for both models.
  • 3/5 core specs verified on both sidesNot published for at least one side: max output, parameter count.
  • 1 shared named benchmark with differing scoresMeasured on: Artificial Analysis Intelligence Index.
  • Verified within the last 90 daysNewest catalog check was 8 days ago.
  • Both models carry source citationsEach side has at least two catalog sources on record.

Source receipts

Each catalog figure was checked against the provider or an independent second source on the date shown.

Common questions

Claude Fable 5.1 vs NVIDIA Nemotron 3 Ultra

Answered from the verified figures on this page rather than general guidance.

Is Claude Fable 5.1 or NVIDIA Nemotron 3 Ultra cheaper for input?

NVIDIA Nemotron 3 Ultra is cheaper at $0.50 per million input tokens, against $10 for Claude Fable 5.1 — roughly 20× the price. Output tokens usually dominate a real bill, so weigh the output rate more heavily than the input rate. These are base rates; Claude Fable 5.1 has tiered pricing: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. NVIDIA Nemotron 3 Ultra has tiered pricing: Open weights (weights + data + recipes); $0.50/$2.20 per MTok is the third-party hosted rate (OpenRouter). 550B/55B MoE.

Is Claude Fable 5.1 or NVIDIA Nemotron 3 Ultra cheaper for output?

NVIDIA Nemotron 3 Ultra is cheaper at $2.20 per million output tokens, against $50 for Claude Fable 5.1 — roughly 23× the price. Output tokens usually dominate a real bill, so weigh the output rate more heavily than the input rate. These are base rates; Claude Fable 5.1 has tiered pricing: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. NVIDIA Nemotron 3 Ultra has tiered pricing: Open weights (weights + data + recipes); $0.50/$2.20 per MTok is the third-party hosted rate (OpenRouter). 550B/55B MoE.

Which has the larger context window, Claude Fable 5.1 or NVIDIA Nemotron 3 Ultra?

Both accept about 1M tokens of context, so document length will not decide between them.

Do Claude Fable 5.1 and NVIDIA Nemotron 3 Ultra support the same reasoning levels?

Claude Fable 5.1 exposes adaptive, while NVIDIA Nemotron 3 Ultra exposes low, high, max.

Should I use Claude Fable 5.1 or NVIDIA Nemotron 3 Ultra?

Both sit in the frontier tier, so the choice usually comes down to price and context rather than capability. Claude Fable 5.1 suits frontier agents; NVIDIA Nemotron 3 Ultra suits open-weight frontier.

Can I self-host Claude Fable 5.1 or NVIDIA Nemotron 3 Ultra?

NVIDIA Nemotron 3 Ultra publishes open weights, but self-hosting and third-party provider access depend on the licence, hardware, serving support, and availability. Claude Fable 5.1 is a closed model whose supported access paths are controlled by its provider.

Next step

Choosing between them

The verified figures that separate this pair, computed from the catalog rather than restated boilerplate.

  • Input price: NVIDIA Nemotron 3 Ultra costs $0.50 per 1M tokens versus $10 for Claude Fable 5.1 — a 20x difference at the headline tier.
  • Measured capability: Claude Fable 5.1 leads Artificial Analysis Intelligence Index 66 to 54 (measured 2026-08-14).
  • Deployment: NVIDIA Nemotron 3 Ultra publishes weights you can self-host; the other is API-only.

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