Google Unveils Faster and Cheaper Gemini 1.5 Models for Developers

Google has unveiled two stable versions of its Gemini 1.5 API models, designed to improve app development efficiency and reduce production costs.

Announced on September 24, the Gemini 1.5 Pro and Gemini 1.5 Flash models show enhanced performance in areas like code generation, math, reasoning, and video analysis compared to their predecessors.

The updated models offer faster processing, better accuracy, and reduced latency, while also cutting the price of the Gemini 1.5 Pro by more than half. These upgrades aim to make the API more accessible for developers by increasing rate limits and cutting the costs of tokens for shorter prompts.

Both models have also improved in understanding multiple languages, SQL generation, and handling audio and documents. Google has enhanced the API’s chat capabilities, while also reducing the length of summaries for better efficiency.

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A smaller, experimental version of the Gemini 1.5 Flash model, dubbed Flash-8B, has also been introduced.

Developers can now access these updates via Google AI Studio and the Gemini API, positioning Google competitively in the AI space as rival OpenAI rolls out its new voice features for ChatGPT.

Alexander Stefanov