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Claude Fable 5.1 vs Mistral Large 4 (Public Preview)

Claude Fable 5.1 from Anthropic and Mistral Large 4 (Public Preview) from Mistral AI, side by side. Every figure comes from the model registry. No markup on model usage: you pay the provider's list price.

Side-by-side comparison of Claude Fable 5.1, Mistral Large 4 (Public Preview)
AttributeAnthropic logoClaude Fable 5.1Mistral AI logoMistral Large 4 (Public Preview)
ProviderAnthropicMistral AI
Model idanthropic/claude-fable-5-1mistral/mistral-large-4
StatusAvailable via SafeguardAvailable via Safeguard
Input / 1M tokens$10$1.36
Output / 1M tokens$50$4.18
Price notesBase price, full 1M context at standard rate. Cache hits $0.25/1M. Batch 50% off. US-only inference 1.1x.List price, Mistral currently shows a sale price of $0.68 in / $2.09 out. Public preview model.
Context1M1M
ParametersNot publishedNot published
Max output128,000 tokensNot published
ModalityText and imageText and image
WeightsClosedOpen
Zero data retentionNot offeredNot offered
Prompts go toAnthropic (global routing by default)Mistral AI (global endpoint by default)
RetentionNot used for model training without express permission. Claude Fable 5.1 is a Covered Model that requires 30-day data retention and is not available under ZDR unless Anthropic expressly authorizes itPreview model: Mistral's commercial terms let it use Customer Data and Outputs from Labs or Preview Models for training, and opt-out or ZDR preferences do not apply to them
RegionGlobal by default, US-only inference via inference_geo at 1.1x pricing (Claude 4.6 and later)Global by default, optional EU or US regional inference endpoints at 1.1x pricing
Price checked2026-10-082026-10-08

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