Anthropic News: Anthropic Introduces Prompt Caching for Enhanced AI Efficiency

August 14, 2024

Anthropic News - August 15, 2024

Anthropic has announced the launch of Prompt Caching, a new feature designed to improve the efficiency of its AI models. Available in Beta, this feature aims to reduce costs and response times significantly, benefiting businesses and developers alike. Learn more about how this innovation can streamline complex AI tasks.

Anthropic announced a new feature called Prompt Caching with Claude on August 14, 2024. Available in Beta through the Anthropic API, this feature aims to enhance Claude's efficiency for repetitive tasks involving large amounts of contextual information. Prompt Caching can speed up responses by up to 50% and reduce costs by up to 90%, making it particularly beneficial for complex projects and businesses of all sizes. It supports Claude 3.5 Sonnet and Claude 3 Haiku, offering reduced cost and latency for extended conversations, better handling of large documents, and improved performance for coding assistants and agentic tools. This feature allows for the storage and reuse of detailed instructions and example responses, significantly optimizing business and developer operations.