Text Embedding 3 (Small) is 99% cheaper than Claude 3.5 Haiku on blended 3:1 token pricing. Text Embedding 3 (Small) costs $0.02/1M in and $0.00/1M out, while Claude 3.5 Haiku costs $0.80/1M in and $4.00/1M out.
Text Embedding 3 (Small) vs Claude 3.5 Haiku
Compare verified input/output token rates, prompt caching discounts, latency tiers, and context limits between OpenAI and Anthropic.
| Metric / Feature | Text Embedding 3 (Small) (OpenAI) | Claude 3.5 Haiku (Anthropic) |
|---|---|---|
| Input Price ($ / 1M Tokens) | $0.02 | $0.80 |
| Output Price ($ / 1M Tokens) | $0.00 | $4.00 |
| Prompt Caching Input Rate | Not Available | $0.080/1M |
| Blended 3:1 Rate (Production) | $0.015 / 1M | $1.600 / 1M |
| Max Context Window | 8k | 128k |
| Multimodal Vision | ❌ Text Only | ❌ Text Only |
| MMLU Benchmark | N/A | 75.2% |
| Throughput & Latency | Ultra-Fast | Ultra-Fast (~95 t/s) |
| Best For | Vector search, semantic clustering, RAG index creation | Real-time agents, code completion, fast document scanning |
When to Choose Text Embedding 3 (Small)
Choose Text Embedding 3 (Small) if your workload requires vector search, semantic clustering, rag index creation. Ideal for teams needing OpenAI's infrastructure and ecosystem tooling.
When to Choose Claude 3.5 Haiku
Choose Claude 3.5 Haiku if your primary objective is real-time agents, code completion, fast document scanning. Ideal for scaling high-throughput pipelines with Anthropic.
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