Google has launched Veo 3.1 Lite, an AI video generation model for professional developers, priced at five cents per second for 720p video and eight cents per second for 1080p video. It is only available to paying users of Google AI Studio and does not support 4K video. Clip lengths are limited to four, six, or eight seconds, and formats include landscape (16:9) and portrait (9:16). Additionally, Google has reduced prices for the existing Veo 3.1 Fast model, effective April 7, with new rates of 10 cents per second for 720p (down from 15 cents), 15 cents per second for 1080p (down from 18 cents), and 35 cents per second for 4K (down by five cents). Comprehensive developer documentation is available for the new model.