Israel and Syria agree to ceasefire, says U.S. ambassador to Türkiye
The U.S. ambassador to Türkiye says Israel and Syria have reached a ceasefire deal supported by Türkiye, Jordan, and regional actors after cross-bor...
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.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
Netflix has used generative artificial intelligence to produce a visual effects scene in an original series for the first time, marking a new step for the streaming platform.
Elon Musk’s xAI chatbot Grok has come under global scrutiny after users reported it using offensive language. It prompted warnings from experts that human intervention in its responses proves the need for a global AI ethical framework.
Major American corporations unveiled over $90 billion in new investments focused on AI and energy during the Energy and Innovation Summit at Carnegie Mellon University on Tuesday. The announcements come as President Donald Trump pushes to cement U.S. leadership in the booming tech and energy sectors
Nvidia has received approval from the U.S. government to sell its advanced H20 AI chips to China, CEO Jensen Huang announced.
Apple and mining company MP Materials announced a joint $500 million investment to develop a rare earth magnet recycling facility, with plans to bolster U.S.-based production and reduce reliance on China.
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