Google Launches Veo 3.1 Lite to Cut Video Generation Costs

2 sources·2 updates

Google has unveiled Veo 3.1 Lite, a new video generation model that significantly reduces costs by over 50% compared to its predecessor. Priced at just $0.05 per second for 720p video, this model supports both 720p and 1080p formats and is now available through the Gemini API and Google AI Studio.

Key Points

Veo 3.1 Lite is less than 50% the price of Veo 3.1 Fast.

The model supports Text-to-Video and Image-to-Video generation.

Veo is integrated into various Google products, including YouTube Shorts and Google Photos.

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Google Launches Veo 3.1 Lite to Cut Video Generation Costs | Trace