Skip to navigationSkip to main contentSkip to right columnSubhasree KarSun, July 5, 2026 at 4:30 PM GMT+2 5 min readAlphabet (Google) Image by Markus Mainka via ShutterstockAlphabet (GOOG) (GOOGL) is pushing deeper into the artificial intelligence (AI) race as it expands the capabilities of its Gemini ecosystem with two new AI models, Nano Banana 2 Lite and Gemini Omni Flash. The launches highlight Google's strategy of making advanced generative AI faster, cheaper, and more accessible across consumer products, developers, and enterprise applications.Nano Banana 2 Lite is Google's most cost-efficient image generation model, delivering text-to-image outputs in about four seconds at a low cost of $0.034 per 1,000 images, making it suitable for rapid design, prototyping, and large-scale image creation.More News from Barchart