Pick Claude Fable 5.1 for terminal-bench-science agentic research (52.6%, more than double fable 5's 24.7%) or cursorbench 3.2 agentic coding (73.4%). Pick Fugu Ultra v2.0 for sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the deepswe coding-repair benchmark or claims to outperform flagship models like gpt-6 astra and claude fable 5.1 despite its underlying orchestration pool reportedly excluding both of them. On a tight budget at scale, Fugu Ultra v2.0 is the value pick.
Claude Fable 5.1 (Anthropic) and Fugu Ultra v2.0 (Sakana AI) are two of the models people most often weigh against each other in 2026. Claude Fable 5.1 is anthropic's September 1, 2026 update to its Fable line for coding and knowledge work, keeping the 1M-token context of Fable 5 while cutting cache-read costs and roughly doubling agentic-research benchmark scores. Fugu Ultra v2.0 is sakana AI's flagship multi-agent orchestration model, claiming best-or-joint-best results on 5 of 8 self-reported benchmarks against monolithic frontier models — $5/$30 per million tokens. Their biggest split is price, and the breakdown below shows exactly how that plays out for your workload.
Key differences
Price: Fugu Ultra v2.0 is about 2× cheaper on input ($5/$30 per 1M tokens vs $10/$50 per 1M tokens) — meaningful once you are processing millions of tokens a month.
Context window: both advertise 1M tokens (~1,500 pages). Tie on paper — test on your own long inputs, since usable recall varies by model.
Specifications
Spec
Claude Fable 5.1
Fugu Ultra v2.0
Provider
Anthropic (US)
Sakana AI (Global)
Released
September 1, 2026
September 10, 2026
Context window
1M tokens (~1,500 pages)
1M tokens (~1,500 pages)
Price (in/out)
$10/$50 per 1M tokens
$5/$30 per 1M tokens
Open weight?
No — API only
No — API only
Modalities
text, image
text
SWE-Bench Verified
Not published
Not published
MRCR v2 @ 1M
Not published
Not published
Who wins what
Terminal-Bench-Science agentic research (52.6%, more than double Fable 5's 24.7%): Claude Fable 5.1 — Fugu Ultra v2.0 is comparatively weak here — not a single trained model — Sakana describes Fugu as "a Multi-Agent System, Delivered as One Model" that dynamically routes tasks across a pool of other models, so head-to-head benchmark framing against monolithic frontier models should be read skeptically
CursorBench 3.2 agentic coding (73.4%): Claude Fable 5.1 — Claude Fable 5.1 lists cursorBench 3.2 agentic coding (73.4%) among its strengths; Fugu Ultra v2.0 does not.
Cache-read pricing cut to a quarter of other Claude models: Claude Fable 5.1 — Claude Fable 5.1 lists cache-read pricing cut to a quarter of other Claude models among its strengths; Fugu Ultra v2.0 does not.
Sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the DeepSWE coding-repair benchmark: Fugu Ultra v2.0 — Claude Fable 5.1 is comparatively weak here — restricted Mythos 5.1 variant outscores it on some benchmarks due to lighter safeguards (Terminal-Bench 4.0: 60.9% vs 55.8%)
Claims to outperform flagship models like GPT-6 Astra and Claude Fable 5.1 despite its underlying orchestration pool reportedly excluding both of them: Fugu Ultra v2.0 — Sakana AI's flagship multi-agent orchestration model, claiming best-or-joint-best results on 5 of 8 self-reported benchmarks against monolithic frontier models — $5/$30 per million tokens — and it runs cheaper at $5/$30 per 1M tokens.
1M-token context window: Fugu Ultra v2.0 — Sakana AI's flagship multi-agent orchestration model, claiming best-or-joint-best results on 5 of 8 self-reported benchmarks against monolithic frontier models — $5/$30 per million tokens — and it is the newer of the two.
Lowest cost at scale: Fugu Ultra v2.0 — At $5/$30 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume: Fugu Ultra v2.0 — At $5/$30 per 1M tokens it undercuts Claude Fable 5.1, and on millions of tokens that margin decides the monthly bill.
Anyone whose priority is terminal-bench-science agentic research (52.6%, more than double fable 5's 24.7%): Claude Fable 5.1 — It is specifically built for that.
Anyone whose priority is sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the deepswe coding-repair benchmark: Fugu Ultra v2.0 — That is its strongest area.
Claude Fable 5.1: where it fits
Anthropic's September 1, 2026 update to its Fable line for coding and knowledge work, keeping the 1M-token context of Fable 5 while cutting cache-read costs and roughly doubling agentic-research benchmark scores. Released September 1, 2026 by Anthropic, it is built for terminal-Bench-Science agentic research (52.6%, more than double Fable 5's 24.7%), cursorBench 3.2 agentic coding (73.4%), cache-read pricing cut to a quarter of other Claude models, and long, multistep, document-heavy professional work with 1M-token context.
Its trade-offs are real: anthropic has not published an official SWE-bench Verified score for this model, restricted Mythos 5.1 variant outscores it on some benchmarks due to lighter safeguards (Terminal-Bench 4.0: 60.9% vs 55.8%), and closed weights, no self-hosting option. At $10 in / $50 out per million tokens, it sits in the premium price band.
Fugu Ultra v2.0: where it fits
Sakana AI's flagship multi-agent orchestration model, claiming best-or-joint-best results on 5 of 8 self-reported benchmarks against monolithic frontier models — $5/$30 per million tokens. Released September 10, 2026 by Sakana AI, it is built for sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the DeepSWE coding-repair benchmark, claims to outperform flagship models like GPT-6 Astra and Claude Fable 5.1 despite its underlying orchestration pool reportedly excluding both of them, and 1M-token context window.
Its trade-offs: not a single trained model — Sakana describes Fugu as "a Multi-Agent System, Delivered as One Model" that dynamically routes tasks across a pool of other models, so head-to-head benchmark framing against monolithic frontier models should be read skeptically, pricing rises to roughly $10/$45 per million tokens for prompts above 272K tokens, and benchmark comparisons against GPT-6 Astra and Claude Fable 5.1 are Sakana's own self-reported figures, not independently verified head-to-head scores. At $5 in / $30 out per million tokens, it sits in the premium price band.
The bottom line for this matchup
Claude Fable 5.1 and Fugu Ultra v2.0 overlap enough that the right pick depends on your specific job. Fugu Ultra v2.0 costs less per token; and each leads in its own area — Claude Fable 5.1 for terminal-bench-science agentic research (52.6%, more than double fable 5's 24.7%), Fugu Ultra v2.0 for sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the deepswe coding-repair benchmark. Rather than crowning one, run the same hard task through both once and let the results decide.
Frequently asked questions
Is Claude Fable 5.1 or Fugu Ultra v2.0 better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Claude Fable 5.1 leans toward terminal-bench-science agentic research (52.6%, more than double fable 5's 24.7%) while Fugu Ultra v2.0 leans toward sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the deepswe coding-repair benchmark, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Claude Fable 5.1 or Fugu Ultra v2.0?
Fugu Ultra v2.0 is cheaper — $10/$50 per 1M tokens vs $5/$30 per 1M tokens, roughly 2× apart on input.
Which has the bigger context window?
Both advertise 1M tokens (~1,500 pages). Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Claude Fable 5.1 and Fugu Ultra v2.0 together?
Yes — a multi-model platform like LumiChats gives you Claude Fable 5.1, Fugu Ultra v2.0 and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Claude Fable 5.1 or Fugu Ultra v2.0?
Fugu Ultra v2.0 — released September 10, 2026, about 9 days after Claude Fable 5.1.
Claude Fable 5.1 vs Fugu Ultra v2.0
Anthropic · US | Sakana AI · Global · Updated June 2026
Quick verdict
Pick Claude Fable 5.1 for terminal-bench-science agentic research (52.6%, more than double fable 5's 24.7%) or cursorbench 3.2 agentic coding (73.4%). Pick Fugu Ultra v2.0 for sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the deepswe coding-repair benchmark or claims to outperform flagship models like gpt-6 astra and claude fable 5.1 despite its underlying orchestration pool reportedly excluding both of them. On a tight budget at scale, Fugu Ultra v2.0 is the value pick.
Claude Fable 5.1 (Anthropic) and Fugu Ultra v2.0 (Sakana AI) are two of the models people most often weigh against each other in 2026. Claude Fable 5.1 is anthropic's September 1, 2026 update to its Fable line for coding and knowledge work, keeping the 1M-token context of Fable 5 while cutting cache-read costs and roughly doubling agentic-research benchmark scores. Fugu Ultra v2.0 is sakana AI's flagship multi-agent orchestration model, claiming best-or-joint-best results on 5 of 8 self-reported benchmarks against monolithic frontier models — $5/$30 per million tokens. Their biggest split is price, and the breakdown below shows exactly how that plays out for your workload.
Key differences at a glance
▸Price: Fugu Ultra v2.0 is about 2× cheaper on input ($5/$30 per 1M tokens vs $10/$50 per 1M tokens) — meaningful once you are processing millions of tokens a month.
▸Context window: both advertise 1M tokens (~1,500 pages). Tie on paper — test on your own long inputs, since usable recall varies by model.
Side-by-side specs
Spec
Claude Fable 5.1
Fugu Ultra v2.0
Provider
Anthropic (US)
Sakana AI (Global)
Released
September 1, 2026
September 10, 2026
Context window
1M tokens (~1,500 pages)
1M tokens (~1,500 pages)
Price (in/out)
$10/$50 per 1M tokens
$5/$30 per 1M tokens
Open weight?
No — API only
No — API only
Modalities
text, image
text
SWE-Bench Verified
Not published
Not published
MRCR v2 @ 1M
Not published
Not published
Who wins what
Terminal-Bench-Science agentic research (52.6%, more than double Fable 5's 24.7%)
Claude Fable 5.1
Fugu Ultra v2.0 is comparatively weak here — not a single trained model — Sakana describes Fugu as "a Multi-Agent System, Delivered as One Model" that dynamically routes tasks across a pool of other models, so head-to-head benchmark framing against monolithic frontier models should be read skeptically
CursorBench 3.2 agentic coding (73.4%)
Claude Fable 5.1
Claude Fable 5.1 lists cursorBench 3.2 agentic coding (73.4%) among its strengths; Fugu Ultra v2.0 does not.
Cache-read pricing cut to a quarter of other Claude models
Claude Fable 5.1
Claude Fable 5.1 lists cache-read pricing cut to a quarter of other Claude models among its strengths; Fugu Ultra v2.0 does not.
Sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the DeepSWE coding-repair benchmark
Fugu Ultra v2.0
Claude Fable 5.1 is comparatively weak here — restricted Mythos 5.1 variant outscores it on some benchmarks due to lighter safeguards (Terminal-Bench 4.0: 60.9% vs 55.8%)
Claims to outperform flagship models like GPT-6 Astra and Claude Fable 5.1 despite its underlying orchestration pool reportedly excluding both of them
Fugu Ultra v2.0
Sakana AI's flagship multi-agent orchestration model, claiming best-or-joint-best results on 5 of 8 self-reported benchmarks against monolithic frontier models — $5/$30 per million tokens — and it runs cheaper at $5/$30 per 1M tokens.
1M-token context window
Fugu Ultra v2.0
Sakana AI's flagship multi-agent orchestration model, claiming best-or-joint-best results on 5 of 8 self-reported benchmarks against monolithic frontier models — $5/$30 per million tokens — and it is the newer of the two.
Lowest cost at scale
Fugu Ultra v2.0
At $5/$30 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume
→ Fugu Ultra v2.0
At $5/$30 per 1M tokens it undercuts Claude Fable 5.1, and on millions of tokens that margin decides the monthly bill.
Anyone whose priority is terminal-bench-science agentic research (52.6%, more than double fable 5's 24.7%)
→ Claude Fable 5.1
It is specifically built for that.
Anyone whose priority is sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the deepswe coding-repair benchmark
→ Fugu Ultra v2.0
That is its strongest area.
Claude Fable 5.1: where it fits
Anthropic's September 1, 2026 update to its Fable line for coding and knowledge work, keeping the 1M-token context of Fable 5 while cutting cache-read costs and roughly doubling agentic-research benchmark scores. Released September 1, 2026 by Anthropic, it is built for terminal-Bench-Science agentic research (52.6%, more than double Fable 5's 24.7%), cursorBench 3.2 agentic coding (73.4%), cache-read pricing cut to a quarter of other Claude models, and long, multistep, document-heavy professional work with 1M-token context.
Its trade-offs are real: anthropic has not published an official SWE-bench Verified score for this model, restricted Mythos 5.1 variant outscores it on some benchmarks due to lighter safeguards (Terminal-Bench 4.0: 60.9% vs 55.8%), and closed weights, no self-hosting option. At $10 in / $50 out per million tokens, it sits in the premium price band.
Fugu Ultra v2.0: where it fits
Sakana AI's flagship multi-agent orchestration model, claiming best-or-joint-best results on 5 of 8 self-reported benchmarks against monolithic frontier models — $5/$30 per million tokens. Released September 10, 2026 by Sakana AI, it is built for sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the DeepSWE coding-repair benchmark, claims to outperform flagship models like GPT-6 Astra and Claude Fable 5.1 despite its underlying orchestration pool reportedly excluding both of them, and 1M-token context window.
Its trade-offs: not a single trained model — Sakana describes Fugu as "a Multi-Agent System, Delivered as One Model" that dynamically routes tasks across a pool of other models, so head-to-head benchmark framing against monolithic frontier models should be read skeptically, pricing rises to roughly $10/$45 per million tokens for prompts above 272K tokens, and benchmark comparisons against GPT-6 Astra and Claude Fable 5.1 are Sakana's own self-reported figures, not independently verified head-to-head scores. At $5 in / $30 out per million tokens, it sits in the premium price band.
The bottom line for this matchup
Claude Fable 5.1 and Fugu Ultra v2.0 overlap enough that the right pick depends on your specific job. Fugu Ultra v2.0 costs less per token; and each leads in its own area — Claude Fable 5.1 for terminal-bench-science agentic research (52.6%, more than double fable 5's 24.7%), Fugu Ultra v2.0 for sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the deepswe coding-repair benchmark. Rather than crowning one, run the same hard task through both once and let the results decide.
Want both Claude Fable 5.1 and Fugu Ultra v2.0 without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
Is Claude Fable 5.1 or Fugu Ultra v2.0 better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Claude Fable 5.1 leans toward terminal-bench-science agentic research (52.6%, more than double fable 5's 24.7%) while Fugu Ultra v2.0 leans toward sakana's own evaluation reports best-or-joint-best results on 5 of 8 benchmarks tested, including a 74.3 on the deepswe coding-repair benchmark, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Claude Fable 5.1 or Fugu Ultra v2.0?
Fugu Ultra v2.0 is cheaper — $10/$50 per 1M tokens vs $5/$30 per 1M tokens, roughly 2× apart on input.
Which has the bigger context window?
Both advertise 1M tokens (~1,500 pages). Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Claude Fable 5.1 and Fugu Ultra v2.0 together?
Yes — a multi-model platform like LumiChats gives you Claude Fable 5.1, Fugu Ultra v2.0 and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Claude Fable 5.1 or Fugu Ultra v2.0?
Fugu Ultra v2.0 — released September 10, 2026, about 9 days after Claude Fable 5.1.
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.