Venezuelan oil exports drop sharply after U.S. tanker seizure
Venezuela’s oil shipments have plunged following the United States’ seizure of a tanker earlier this week....
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.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
Kyiv has escalated its naval campaign against Moscow’s economic lifelines, claiming a successful strike on a vessel suspected of skirting international sanctions within the Black Sea.
An extratropical cyclone has caused widespread disruption across Brazil’s São Paulo state, with powerful winds toppling trees and power lines, blocking streets and leaving large parts of the region without electricity.
Time Magazine has chosen the creators behind artificial intelligence as its 2025 Person of the Year, highlighting the technology’s sweeping impact on global business, politics and daily life.
Children are forming new patterns of trust and attachment with artificial intelligence (AI) companions, entering a world where digital partners shape their play, their confidence and the conversations they no longer share with adults.
The International Robot Exhibition (IREX) opened in Tokyo on 3 December, bringing together visitors to explore robotics applications for industry, healthcare, logistics, and everyday life.
A bipartisan group of U.S. senators, including prominent Republican China hawk Tom Cotton, introduced the SAFE CHIPS Act on Thursday, aiming to prevent the Trump administration from easing restrictions on China’s access to advanced artificial intelligence (AI) chips for a period of 2.5 years.
A former Apple engineer has unveiled a new Chinese chip designed to compete directly with Apple’s Vision Pro headset.
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