Google has launched an image-generation model called Nano Banana2 Lite, targeting demand for lower cost and faster processing. The model can generate a 1K-resolution image for about $0.034 and is known to cost about half as much as Nano Banana2 at the same resolution while running 2.7 times faster. Officially named Gemini 3.1 Flash Lite Image, it is positioned as an entry-level replacement for the existing Nano Banana.

Google cut the price of its low-cost AI subscription, Gemini AI Plus, to $4.99 a month from $7.99 and doubled included cloud storage to 400GB, TechRadar reported. The change makes it cheaper than OpenAI\'s $8-a-month ChatGPT Go. Google said users get up to twice the usage limits of the free version and added video generation and other bundled tools. OpenAI says ChatGPT Go expands access but does not disclose specifics and may include ads.