What happened

On June 30, 2026, Google released two media models. Nano Banana 2 Lite is its fastest, most cost-efficient image model. It makes a text-to-image in about four seconds. Gemini Omni Flash entered public preview, an early release open to everyone. It turns images into short videos and allows plain-language editing. Both run through the Gemini API and AI Studio. Prices are low: about $0.034 per image and $0.10 per second of video.

The context

Google is pushing hard on generative media, meaning AI that creates images and video. Low prices are its main lever against rivals.

What this means for you
👤EverydayYou can make images and short videos faster and more cheaply in Google's tools.
💼At workDesigners and marketers get quick, low-cost options for drafts and social clips.
🏢BusinessCheap per-image and per-second prices make high-volume media work affordable.
🌍The worldCheaper, faster media tools spread creative AI to more people and small teams.

Ledger entry: Release execution · Materiality 2 · T1 Primary → ▲ for Google

Sources

  1. Google, https://blog.google/innovation-and-ai/models-and-research/gemini-models/gemini-omni-flash-nano-banana-2-lite/ T1 Primary

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