Claude Fable 5.2 vs Qwen3 Max Thinking

Price, context window & benchmark comparison

Anthropic

Claude Fable 5.2

Anthropic
$8.00 / $40.00
Input / Output · per 1M tokens
VS
Qwen (Alibaba)

Qwen3 Max Thinking

Qwen (Alibaba)
$0.78 / $3.90
Input / Output · per 1M tokens
Compare different models
Anthropic
Qwen (Alibaba)
Verdict: Qwen3 Max Thinking is 10.3× cheaper than Claude Fable 5.2 on a typical 3:1 input/output mix. Claude Fable 5.2 scores higher on the Artificial Analysis Intelligence Index (64.6 vs 21.3). Claude Fable 5.2 has the larger context window (1M vs 262K).
Claude Fable 5.2Qwen3 Max Thinking
Input price / 1M$8.00$0.78
Output price / 1M$40.00$3.90
Blended price (3:1)$16.00$1.56
Cached input / 1M$0.20—
Context window1M262K
Max output128K66K
Intelligence index64.621.3
Coding index——
Providers5—
Best provider uptime (30m)100.0%—
Vision inputYesNo
ReasoningYesYes
Tool callingYesYes
Released2026-11-072026-02-09
Retirement—2026-10-09

Cost calculator

FAQ

Which is cheaper, Claude Fable 5.2 or Qwen3 Max Thinking?

Qwen3 Max Thinking is 10.3× cheaper than Claude Fable 5.2 on a typical 3:1 input/output mix.

Claude Fable 5.2 vs Qwen3 Max Thinking: which has a bigger context window?

Claude Fable 5.2: 1,000,000 tokens. Qwen3 Max Thinking: 262,144 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: Claude Fable 5.2 ≈ $36,000, Qwen3 Max Thinking ≈ $3,510.

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