"Google has announced substantial advancements to its generative video offerings, Veo 3 and Veo 3 Fast, marking a pivotal moment for developers seeking to integrate high-quality AI-driven video into their applications. These flagship models are now declared stable and ready for scaled production use within the Gemini API, accompanied by a significant price reduction of nearly 50 percent, making generative video more accessible and cost-efficient for a wide range of applications."
"The price for Veo 3 has been lowered from $0.75 per second to $0.40 per second, representing a substantial decrease. Similarly, Veo 3 Fast, designed for quicker generation, has seen its price drop from $0.40 per second to $0.15 per second. These price adjustments are expected to democratize access to advanced video generation capabilities, fostering innovation across various sectors where cost-efficiency is paramount."
Veo 3 and Veo 3 Fast are now stable and available for scaled production use via the Gemini API. Pricing has been cut substantially: Veo 3 from $0.75 to $0.40 per second and Veo 3 Fast from $0.40 to $0.15 per second. New capabilities include support for vertical video formats and 1080p HD outputs, improving quality and format flexibility. Veo 3 Fast targets quicker generation needs while Veo 3 focuses on higher-quality outputs. The lower costs and enhanced features aim to broaden adoption among developers, especially for social media, advertising, and mobile-first applications where budget and performance matter.
Read at App Developer Magazine
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