A. Anthropic
B. OpenAI
C. Meta
D. Google

Detailed Explanation

Anthropic introduced a cheaper AI model with a reported price of $5 per million input tokens and $25 per million output tokens. The move reflects growing competition over AI model performance and operating costs.

Important Exam Facts

• Date: 24 July 2026
• Company: Anthropic
• Field: Generative AI
• Input price: $5 per million tokens
• Output price: $25 per million tokens
• Competition: AI model pricing

Related Questions

1. On 24 July 2026, which company announced the cheaper AI model?
   ✅ Anthropic.
2. What is a token in an AI language model?
   ✅ A unit of text processed by the model.
3. Which AI chatbot is developed by Anthropic?
   ✅ Claude.
4. Why is AI model pricing important?
   ✅ Lower costs can make AI services more accessible to developers and businesses.

Key Points

• AI companies are competing on both performance and price.
• Token pricing is commonly used for commercial AI APIs.
• Lower inference costs can encourage wider AI adoption.

Exam Tip

📌 Remember:
24 July 2026 → Anthropic → $5 input / $25 output per million tokens