Google has unveiled the pricing for its new video-generating AI model, Veo 2. Launched in December 2022, the model charges 50 cents per second of video, which equates to $30 per minute and $1,800 per hour, according to the official pricing page.
What Can You Expect?
Videos created with the Google Veo 2 model are expected to be of professional quality and clarity. The model has been announced to have the capability to generate clips longer than two minutes, broadening its application possibilities in commercial and various other sectors.
Why Is This Important?
Google DeepMind researcher Jon Barron compared this pricing with the $356 million production budget of Marvel’s “Avengers: Endgame”—about $32,000 per second. This comparison highlights the stark differences in pricing mechanisms between the technology and film industries. Additionally, it emphasizes the model’s convenience, as customers are not obligated to use every second of video they pay for.
Additionally:
When compared with OpenAI, which recently introduced the Sora video generation model for ChatGPT Pro subscribers at $200 per month, the Google Veo 2 model stands out with its competitive pricing strategy.
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