Cheaper rivals outdraw Anthropic's best model, FT says

According to the Financial Times, Anthropic's strongest AI model is struggling to attract users while cheaper tools thrive. The article sits behind the FT's paywall, and the visible text names neither the model nor the competing tools.
Bloomberg earlier reported preliminary second-quarter revenue above $11.5 billion for Anthropic, against $4.73 billion in the first quarter of 2026.
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Anthropic appears to be A/B testing reduced effort levels in Claude Code
Per a post on X, Anthropic quietly shrank the effort scale for Fable 5 sessions on Claude Code 2.1.236+, so "high" can feel like "low". Older versions and Opus 5 sit outside what the post calls probably an A/B test.
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