Important to note: "Sonnet 5 is an upgrade to Sonnet 4.6, but it uses an updated tokenizer that changes how the model processes text to improve performance (this is similar to the tokenizer change we introduced with Claude Opus 4.7). The tradeoff is that the same input can map to more tokens: roughly 1.0–1.35× depending on the content type. The introductory pricing is set so that the transition to Sonnet 5 is roughly cost-neutral."
"We can raise prices in two ways: (1) raise the price per token and (2) increase the number of tokens we generate on your behalf. We promise not to do (2) maliciously. Promise."