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Google’s new AI video model Veo 2 will cost 50 cents per second

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Google Veo presentation at Google I/O 2024

Google has announced the pricing for Veo 2, their AI model for generating videos, which was introduced in December.

According to Google’s pricing page, using Veo 2 will cost 50 cents per second of video, totaling $30 per minute or $1,800 per hour. In comparison, the production budget for the movie “Avengers: Endgame” was reported to be $356 million, equating to around $32,000 per second.

It’s important to note that customers may not use every second of the Veo-generated video they pay for, and Veo 2 is currently focused on creating shorter clips, such as two minutes or more.

In a similar pricing model, OpenAI offers their Sora video generation model to subscribers of the ChatGPT Pro service for $200 a month.

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