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AI & Enterprise

Google unveils faster, cheaper image generation model \'Nano Banana 2 Lite\'

Google has unveiled its image generation model \'Nano Banana 2 Lite\'. According to TechCrunch, the model is designed to be faster and lower-cost than the previous version. It generates an image in 4 seconds, and costs $0.034 per 1,000 images. Google said it suits tasks requiring large volumes quickly or repeated draft revisions. The company also expanded its generative media lineup and set video output pricing at $0.10 per second.

Industry

Leica says generative AI will not be in M cameras but fits Xiaomi 17T Pro

Leica said generative AI features should be distinguished from its traditional cameras, while there is room to use them in licensed brands such as Xiaomi’s 17T series. The comments were made at a roundtable held after the launch of the Xiaomi 17T Pro, which highlights Leica-tuned cameras and Google’s text-to-video tool Gemini Omni. Leica also underscored photo authenticity tools, including digital signatures and metadata.

AI & Enterprise

OpenAI faces two IPO dilemmas amid large losses and ChatGPT growth stall

OpenAI posted first-quarter revenue of $5.7 billion, helped by growth in its coding AI agent Codex, The Information reported, citing two people familiar with internal matters. The outlet said Anthropic appears to have retaken the lead and the gap could widen by year-end. While OpenAI is seen meeting its $30 billion revenue target, it faces a large loss structure and stalled growth in ChatGPT users, with an adjusted operating margin of minus 122 percent in the first quarter, sources said.