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Anthropic vs Luma AI: Token Pricing, Speed & Intelligence

Full comparison of Anthropic and Luma AI — live token pricing, latency, throughput, context window, strengths, weaknesses, and best use cases. Rates sourced from public APIs — verify before use.

Anthropic

Claude 5 — Fable 5.1, Opus 5, Sonnet 5, Haiku 4.5 with 1M context

Anthropic builds the Claude model family, now in its fifth generation. The Claude 5 lineup includes Fable 5.1 and Opus 5 at the frontier (1M+ token context, reasoning models), Claude Sonnet 5 for production workloads, and Haiku 4.5 for cost-efficient inference. Anthropic also offers Claude Code (agentic coding) and Claude Science (research) as specialised products. Prompt caching is available at up to 90% discount.

CodingReasoningLong-contextChatAgents
Proprietary models

Luma AI

Dream Machine — high-quality video generation from text and image prompts

Luma AI develops Dream Machine, a video generation model accessible via API. Dream Machine v1.6 generates high-quality video clips from text or image prompts. The 4K variant produces higher-resolution output. Pricing is per second of generated video rather than per token.

Video generationCreative contentMarketing assetsPrototyping video concepts
Proprietary models

Key metric comparison

Cheapest input ($/1M)

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Cheapest output ($/1M)

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Peak throughput

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Best latency (TTFT)

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Intelligence score

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Context window

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Live token pricing

Strengths and weaknesses

Anthropic

Claude 5 family leads on coding and reasoning benchmarks
1M+ token context window on Claude 5 models
Aggressive prompt caching — up to 90% discount
Claude Code for agentic software engineering
Extended thinking / reasoning mode on Opus 5 and Fable 5
No open-weight models — full vendor lock-in
Frontier models are among the higher-priced options — check live table for current rates
No native image generation capability

Luma AI

Dream Machine v1.6 produces high-quality, temporally consistent video clips
Supports both text-to-video and image-to-video generation
4K variant available for higher-resolution output
Simple per-second pricing model
Video generation only — no text, image, or audio models
Per-second pricing can be expensive for long clips
Generation latency is higher than text inference
Maximum clip length limited compared to some competitors

Key differentiators

Anthropic

Claude 5 Opus and Fable 5 lead the BenchLM leaderboard as of September 2026, with 1M+ context windows and extended reasoning — plus Claude Code for agentic software engineering.

Luma AI

Dream Machine v1.6 delivers high-quality text-to-video and image-to-video generation via a simple per-second API — with a 4K variant for production-quality output.

Frequently asked questions

Anthropic FAQs

What are the latest Anthropic Claude models?

The Claude 5 family includes Fable 5.1 and Opus 5 (frontier reasoning), Claude Sonnet 5 (balanced), and Haiku 4.5 (efficient tier). Claude Code is a specialised agentic coding product. Check docs.anthropic.com/en/docs/about-claude/models for current pricing.

What is the context window for Claude 5 models?

Claude 5 Opus, Fable 5, and Mythos 5 all support 1M+ token context windows, enabling full-codebase and book-length document analysis in a single call.

How does Anthropic prompt caching work?

Anthropic's prompt caching lets you mark portions of your prompt (system prompts, documents, tool definitions) to be cached server-side. Cached tokens are billed at 10% of the standard input price after the first write, making repeated long-context calls dramatically cheaper.

Luma AI FAQs

How is Luma AI priced?

Luma AI charges per second of generated video. Dream Machine v1.6 is $0.190/second and the 4K variant is $0.750/second. See lumalabs.ai/dream-machine/api/pricing for current rates.

What is Dream Machine?

Dream Machine is Luma AI's video generation model. v1.6 generates high-quality video clips from text or image prompts, with strong temporal consistency and motion quality.

Does Luma AI support image-to-video?

Yes. Dream Machine supports both text-to-video and image-to-video generation, allowing you to animate a still image or generate video from a text description.

Provider resources

Anthropic — Claude 5 — Fable 5.1, Opus 5, Sonnet 5, Haiku 4.5 with 1M context

Anthropic builds the Claude model family, now in its fifth generation. The Claude 5 lineup includes Fable 5.1 and Opus 5 at the frontier (1M+ token context, reasoning models), Claude Sonnet 5 for production workloads, and Haiku 4.5 for cost-efficient inference. Anthropic also offers Claude Code (agentic coding) and Claude Science (research) as specialised products. Prompt caching is available at up to 90% discount.

Claude 5 Opus and Fable 5 lead the BenchLM leaderboard as of September 2026, with 1M+ context windows and extended reasoning — plus Claude Code for agentic software engineering.

Luma AI — Dream Machine — high-quality video generation from text and image prompts

Luma AI develops Dream Machine, a video generation model accessible via API. Dream Machine v1.6 generates high-quality video clips from text or image prompts. The 4K variant produces higher-resolution output. Pricing is per second of generated video rather than per token.

Dream Machine v1.6 delivers high-quality text-to-video and image-to-video generation via a simple per-second API — with a 4K variant for production-quality output.

Key strengths compared

Anthropic

  • Claude 5 family leads on coding and reasoning benchmarks
  • 1M+ token context window on Claude 5 models
  • Aggressive prompt caching — up to 90% discount
  • No open-weight models — full vendor lock-in
  • Frontier models are among the higher-priced options — check live table for current rates

Luma AI

  • Dream Machine v1.6 produces high-quality, temporally consistent video clips
  • Supports both text-to-video and image-to-video generation
  • 4K variant available for higher-resolution output
  • Video generation only — no text, image, or audio models
  • Per-second pricing can be expensive for long clips

Key weaknesses compared

Anthropic

  • No open-weight models — full vendor lock-in
  • Frontier models are among the higher-priced options — check live table for current rates
  • No native image generation capability

Luma AI

  • Video generation only — no text, image, or audio models
  • Per-second pricing can be expensive for long clips
  • Generation latency is higher than text inference
  • Maximum clip length limited compared to some competitors

Provider category context

Anthropic is a frontier lab, founded in 2021. Luma AI is a frontier lab, founded in 2021. Both are frontier lab providers — the comparison is primarily about pricing, model selection, and feature differentiation within the same tier.

How to choose between them

Both Anthropic and Luma AI are frontier labs with proprietary models. Choose based on benchmark performance for your specific task: Anthropic leads on claude 5 family leads on coding and reasoning benchmarks, while Luma AI leads on dream machine v1.6 produces high-quality, temporally consistent video clips. For cost-sensitive workloads, compare the cheapest model tier from each provider in the pricing table above — the gap between efficient-tier models is often larger than between flagship models.