Save Big on AI! Google Slashes Gemini Prices and Doubles Performance

Google cuts prices and improves services…giving you more for less!!

Google Cuts Prices and Enhances Gemini AI Models

Google has unveiled significant updates to its Gemini AI platform, releasing Gemini-1.5-Pro-002 and Gemini-1.5-Flash-002 models, aimed at boosting performance and reducing costs for developers, reports PYMNTS. These new models feature advanced math, vision tasks, and multimodal capabilities, handling complex inputs like long PDFs and videos more efficiently. In a competitive move, Google slashed prices by 50% for prompts under 128,000 tokens and increased rate limits, making the models more accessible for businesses, including startups. The updates also improve speed, accuracy, and processing power, potentially revolutionising AI adoption in sectors like eCommerce and retail. Alongside these improvements, Google introduced new features, such as custom AI assistants and enhanced image generation, further expanding the platform’s capabilities.

Editor’s Question: Pacific Islands.ai is an internet-based news provider. Google just cut their price in half and doubled their service. Traditional media (newspapers, television, radio) in the islands has lost well more than half their audiences, yet they have doubled their costs. Doesn’t sound like a long-term model for success or survival, does it?!

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*An AI tool was used to add an extra layer to the editing process for this story.