At least 11 killed in Algeria orphanage fire
At least 11 people have been killed and 19 injured in a fire at an orphanage on the outskirts of the Algerian capital, state media reported. The blaze...
Mountain View, CA, February 17, 2025 – Google has quietly announced the pricing for its new AI video model, Veo 2, revealed last December.
According to the company’s pricing page, users will be charged 50 cents for every second of generated video - a rate that translates to roughly $30 per minute or $1,800 per hour.
Google DeepMind researcher Jon Barron highlighted the cost contrast by comparing Veo 2’s pricing to the blockbuster Marvel film Avengers: Endgame, which reportedly had a production budget of $356 million—equating to about $32,000 per second. Barron’s remark underscores the relatively low cost of using AI-driven video generation compared to traditional film production.
However, industry observers note that customers are unlikely to utilize every second of video produced under the pricing model. Google’s announcement emphasized Veo 2’s capability to create clips lasting two minutes or more, rather than generating continuous three-hour feature-length videos.
In related developments, OpenAI recently introduced its Sora video generation model to ChatGPT Pro subscribers, who pay $200 per month. This comparison highlights the competitive landscape in AI-driven content creation tools, as major tech companies refine pricing strategies to attract diverse user bases.
As the market for AI-generated video content continues to expand, Veo 2’s pricing model may offer a cost-effective alternative for businesses and creators seeking to leverage advanced video production capabilities without the traditional high production costs.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
The death toll from the fire at a live music pub in Bangkok has climbed to 32 after two more victims died from their injuries, according to Thailand's Police Hospital.
Ukraine and Russia exchanged fresh attacks on Tuesday, with Kyiv targeting shipping and energy infrastructure inside Russia while Moscow launched another large-scale missile and drone assault on Ukrainian cities.
The U.S. military announced that it has completed a new wave of strikes against Iranian military targets under U.S. President Donald Trump's orders. The operation targeted command centres, air defence systems, missile and drone facilities, and coastal surveillance sites across multiple locations.
Beijing is using Shanghai’s artificial intelligence (AI) forum to promote its governance agenda and showcase domestic alternatives to U.S. technology.
Australia will establish an Office of AI to coordinate artificial intelligence standards and oversee major data centres as the government prepares new laws on their energy and water use, Prime Minister Anthony Albanese said on Wednesday (15 July).
IBM has warned that a surge in spending on artificial intelligence infrastructure is weighing on its core business, in one of the clearest signs yet of how the AI boom is reshaping the technology sector.
TikTok moderates content in more than 70 languages, including Azerbaijani, using a combination of artificial intelligence and human reviewers, a company representative has said.
China has successfully tested an experimental rocket recovery system using a net attached to an offshore platform, marking a major step in its efforts to develop reusable rockets and compete with U.S. space technology.
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