TL;DRGoogle has introduced a new AI video generation model, Veo 3.1 Lite.The new model is meant for professional developers, offering paid video generation starting at five cents per second.Google’s Veo 3.1 Fast model is also going down in price starting next month.Google’s not calling it quits on AI video, even as OpenAI shutters its Sora AI video app. The company announced a new Veo model today, aimed at developers looking to offer video generation in their own products.Google introduced its new Veo 3.1 Lite model in a blog post today. The model is meant to balance “practical utility with professional capabilities,” the post says, costing developers as little as five cents per second for 720p generated video, including audio.