Close
Google has announced a significant reduction in the pricing of its Gemini LLM, now costing $0.075 per million input tokens and $0.3 per million output tokens. This pricing strategy positions Gemini as a more affordable alternative compared to OpenAI's GPT-4o mini. GlobalData has recognized Google Gemini as the most competitive large language model (LLM) in the market.
The price cut is expected to enhance Gemini's appeal among developers and businesses looking for cost-effective AI solutions. By offering competitive pricing, Google aims to capture a larger share of the AI market, especially as demand for LLMs continues to grow. This strategic move could potentially reshape the competitive landscape in the AI sector.
• Google Gemini's pricing cut enhances its competitive edge in the LLM market.
• GlobalData ranks Google Gemini as the most competitive LLM available.
LLMs like Google Gemini are used for various applications, including chatbots and content generation.
Google's pricing strategy for Gemini aims to attract more users by offering lower costs compared to competitors.
The competitive dynamics within the AI market are influenced by pricing, innovation, and user demand.
Google is actively developing AI technologies like the Gemini LLM to enhance its offerings in the competitive landscape.
Yahoo Finance 14month
Geeky Gadgets 8month
Trak.in - India Business Blog 8month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
