Anthropic's Claude Haiku 5.5 AI model cuts price 75% and doubles speed

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Anthropic launched its Claude Haiku 5.5 large language model on March 12, 2026. The company claims the new version processes requests twice as fast as its predecessor. It also reduces the cost of generating output by approximately 75 percent. The update includes a new 'Claude Code' subsystem that allows the model to execute commands and edit files autonomously. This combination aims to make AI-powered development tools more affordable and efficient for builders.

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