Veo 3.1 Lite supports both text-to-video and image-to-video generation, offering 720p and 1080p resolutions in both portrait and landscape formats. Videos can be generated in lengths of 4, 6, or 8 seconds. Pricing starts at $0.05 per second for 720p output. Starting April 7, Google will also reduce pricing for Veo 3.1 Fast.

Starting April 7, Google will also reduce pricing for Veo 3.1 Fast.
Starting April 7, Google will also reduce pricing for Veo 3.1 Fast.

Pricing (per second in USD):

  • 720p — Veo 3.1 Lite: $0.05 | Veo 3.1 Fast: $0.15 ($0.10 from April 7) | Veo 3.1: $0.40

  • 1080p — Veo 3.1 Lite: $0.08 | Veo 3.1 Fast: $0.15 ($0.12 from April 7) | Veo 3.1: $0.40

  • 4K — Veo 3.1 Lite: — | Veo 3.1 Fast: $0.35 ($0.30 from April 7) | Veo 3.1: $0.60

Veo 3.1 Lite is available immediately via the Gemini API and Google AI Studio. Google also hinted at additional video-related updates for developers, with further details available in the developer documentation.

Google’s Veo announcement comes shortly after reports that OpenAI discontinued its Sora video model. As a result, Google’s main competition in video generation currently comes from China, particularly Alibaba’s Seedance 2.0 model, which reportedly delivers higher quality but faces ongoing copyright concerns.

The launch of Veo 3.1 Lite signals Google’s push toward affordable AI video generation at scale. Lower pricing could accelerate adoption among developers and content platforms. With Sora discontinued, competition may increasingly shift toward Chinese AI video models.