Can someone explain to me why there is COMPLETELY different pricing for models on Vertex AI, Google AI studio and also OpenRouter has another price ...
Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
61–70 of 151 posts
Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#62This price drop is significant. For For comparison, GPT-4o is currently $5/million input and $15/million output and Claude 3.5 Sonnet is $3/million input and $15/million output. Gemini 1.5 Pro was already the cheapest of the frontier models and now it's even cheaper.
I wonder if they're pulling the wall-mart model. Ruthlessly cut costs and sell at-or-below costs until your competitors go out of business, then ratchet up the prices once you have market dominance.
Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#63Looks like they are more focused on the economical aspect of those large models? Like 90~95% performance of other frontier models at 50%~70% price.
They are going for large corporate customers. They are a brand name with deep pockets and a pretty risk-adverse model. So even if Gemini sucks, they'll still win over execs being pushed to make a decision.
That doesn't seem like much of a plan given their trailing position in the cloud space and the fact that Microsoft and AWS both have their own offerings.
Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#64Earlier quoted context omitted.
Can you link to documentation for Google's LLMs? I searched long and hard when Gemma 2 came out, and all of the LLM offerings seemed specifically exempted. I'd love to know if that has changed.
https://ai.google.dev/gemini-api/terms this?
Thanks very much! I think before I looked at docs for Google AI Studio, but also for Google Workspace, and both made no guarantees.
From the linked document, so save someone else a click:
> The terms in this "Paid Services" section apply solely to your use of paid Services ("Paid Services"), as opposed to any Services that are offered free of charge like direct interactions with Google AI Studio or unpaid quota in Gemini API ("Unpaid Services").Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#65No Human eval benchmark result?
Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#66As far as I can tell there's still no option for keeping data private?
If you are on the pay as you go model your data is exempted from training.
> When you're using Paid Services, Google doesn't use your prompts (including associated system instructions, cached content, and files such as images, videos, or documents) or responses to improve our products, and will process your prompts and responses in accordance with the Data Processing Addendum for Products Where Google is a Data Processor. This data may be stored transiently or cached in any country in which Google or its agents maintain facilities.
Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#67Looks like they are more focused on the economical aspect of those large models? Like 90~95% performance of other frontier models at 50%~70% price.
I do like the trend. Imagine if Anthropic or someone eventually release a Claude 3.5 but at like a whopping 10x its current speed. Would be incredibly more useful and game changing than a slow o1 model that may or not be x percent smarter.
Sonnet 3.5 is fast for its quality. But yeah, it's nowhere near Google's flash models. But I assume that is largely just because its a much smaller model.
Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#68This price drop is significant. For For comparison, GPT-4o is currently $5/million input and $15/million output and Claude 3.5 Sonnet is $3/million input and $15/million output. Gemini 1.5 Pro was already the cheapest of the frontier models and now it's even cheaper.
I wonder if they're pulling the wall-mart model. Ruthlessly cut costs and sell at-or-below costs until your competitors go out of business, then ratchet up the prices once you have market dominance.
You think Google would engage in monopolistic practices like that?
Because I do
Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#69Can someone explain to me why there is COMPLETELY different pricing for models on Vertex AI, Google AI studio and also OpenRouter has another price ...
https://www.businessinsider.com/big-tech-org-charts-2011-6
Google is now looking more like the Microsoft chart.
Re: Two new Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more
#70This price drop is significant. For For comparison, GPT-4o is currently $5/million input and $15/million output and Claude 3.5 Sonnet is $3/million input and $15/million output. Gemini 1.5 Pro was already the cheapest of the frontier models and now it's even cheaper.
I wonder if they're pulling the wall-mart model. Ruthlessly cut costs and sell at-or-below costs until your competitors go out of business, then ratchet up the prices once you have market dominance.
Isn't Walmart still incredibly cheap? They have a net margin of 2.3%
I think that's one of those things competitors complain about that never actually happens (the raising prices part).
https://www.macrotrends.net/stocks/charts/WMT/walmart/net-pr...