Claude Fable 5.1 vs gpt-oss-120b

Anthropic · US  |  OpenAI · US · 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 gpt-oss-120b for self-hostable on a single 80gb h100 gpu via mxfp4 or configurable reasoning depth (low/medium/high). Choose gpt-oss-120b if you need self-hosting or data privacy; Claude Fable 5.1 if you want a managed API.

Claude Fable 5.1 (Anthropic) and gpt-oss-120b (OpenAI) 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. gpt-oss-120b is openAI's open-weight 117B-parameter MoE reasoning model (5.1B active) that runs on a single 80GB GPU and approaches o4-mini on reasoning, coding, and tool use. They diverge most on price, context window and open vs. closed weights — each quantified below from the models' real specs.

Key differences at a glance

Side-by-side specs

SpecClaude Fable 5.1gpt-oss-120b
ProviderAnthropic (US) OpenAI (US)
ReleasedSeptember 1, 2026 August 5, 2025
Context window1M tokens (~1,500 pages) 131K (~197 pages)
Price (in/out)$10/$50 per 1M tokens Open weight (self-host / free)
Open weight?No — API only Yes — self-hostable
Modalitiestext, image text, code
SWE-Bench VerifiedNot published 62.4%
MRCR v2 @ 1MNot 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

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 — and it carries the larger 1M tokens context.

CursorBench 3.2 agentic coding (73.4%)

Claude Fable 5.1

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 — and it is the newer of the two.

Cache-read pricing cut to a quarter of other Claude models

Claude Fable 5.1

gpt-oss-120b is comparatively weak here — 131K context and 5.1B active params trail the largest frontier closed models

Self-hostable on a single 80GB H100 GPU via MXFP4

gpt-oss-120b

Open weights make this possible at all — Claude Fable 5.1 is API-only, so it cannot leave the vendor's servers.

Configurable reasoning depth (low/medium/high)

gpt-oss-120b

OpenAI's open-weight 117B-parameter MoE reasoning model (5.1B active) that runs on a single 80GB GPU and approaches o4-mini on reasoning, coding, and tool use — and its weights are open while Claude Fable 5.1 is API-only.

Agentic tool use, function calling, and code execution

gpt-oss-120b

gpt-oss-120b lists agentic tool use, function calling, and code execution among its strengths; Claude Fable 5.1 does not.

Lowest cost at scale

gpt-oss-120b

Its weights are open, so at volume you pay for your own hardware instead of Claude Fable 5.1's $10/$50 per 1M tokens.

Largest single-prompt input

Claude Fable 5.1

Its 1M tokens window is about 7.6× larger than gpt-oss-120b's 131K, fitting roughly 1,500 pages in one prompt.

Which should you pick?

A cost-sensitive startup shipping high volume

gpt-oss-120b

At Open weight (self-host / free) it undercuts Claude Fable 5.1, and on millions of tokens that margin decides the monthly bill.

Someone analysing very long documents or codebases

Claude Fable 5.1

Larger 1M tokens window fits more in one prompt.

A team with data-privacy or self-hosting needs

gpt-oss-120b

Open weights let you run it on your own hardware; Claude Fable 5.1 is API-only.

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 self-hostable on a single 80gb h100 gpu via mxfp4

gpt-oss-120b

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.

gpt-oss-120b: where it fits

OpenAI's open-weight 117B-parameter MoE reasoning model (5.1B active) that runs on a single 80GB GPU and approaches o4-mini on reasoning, coding, and tool use. Released August 5, 2025 by OpenAI, it is built for self-hostable on a single 80GB H100 GPU via MXFP4, configurable reasoning depth (low/medium/high), agentic tool use, function calling, and code execution, and full chain-of-thought visibility for debugging.

Its trade-offs: text-only, no image, audio, or video input, and 131K context and 5.1B active params trail the largest frontier closed models. As an open-weight model, its running cost is your own hardware rather than a per-token fee.

The bottom line for this matchup

The defining split here is open vs. closed. gpt-oss-120b gives you weights you control — self-host it, fine-tune it, keep data in-house, pay only for hardware. Claude Fable 5.1 gives you a managed, always-updated API with no infrastructure to run. Teams with GPUs, privacy requirements, or huge volume often favour the open model; teams that want zero ops and the latest capabilities favour the closed one. Capability is close enough that this operational question, not the benchmark, usually decides it.

Want both Claude Fable 5.1 and gpt-oss-120b 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.

See pricing

Frequently asked questions

Is Claude Fable 5.1 or gpt-oss-120b better for coding?

Public SWE-Bench figures are not available for Claude Fable 5.1, 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 gpt-oss-120b leans toward self-hostable on a single 80gb h100 gpu via mxfp4, and that positioning usually predicts which feels better on your codebase.

Which is cheaper, Claude Fable 5.1 or gpt-oss-120b?

gpt-oss-120b is open-weight, so self-hosting means no per-token fee (you pay for hardware instead), while Claude Fable 5.1 is API-metered at $10/$50 per 1M tokens. For most teams without GPUs, the API model is cheaper to start; at very high volume, self-hosting can win.

Which has the bigger context window?

Claude Fable 5.1 — 1M tokens vs 131K, about 7.6× larger. Useful only if the model actually reasons over the full window, which not all do.

Can I use both Claude Fable 5.1 and gpt-oss-120b together?

Yes — a multi-model platform like LumiChats gives you Claude Fable 5.1, gpt-oss-120b 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 gpt-oss-120b?

Claude Fable 5.1 — released September 1, 2026, about 13 months after gpt-oss-120b.

Related comparisons

Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.