Google Unveils Budget-Friendly Gemini 3.1 Flash-Lite AI Model

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Google Unveils Gemini 3.1 Flash-Lite: Fastest, Most Affordable AI Model Yet

Gemini 3.1 Flash Lite

M

Moneycontrol•05-03-2026, 13:09

Google Unveils Gemini 3.1 Flash-Lite: Fastest, Most Affordable AI Model Yet

•Google introduces Gemini 3.1 Flash-Lite, the fastest and most affordable model in its Gemini 3 family, now in preview for developers and enterprise.
•Priced aggressively at $0.25 per million input tokens and $1.50 per million output tokens, targeting high-frequency developer workloads.
•Delivers 2.5 times faster Time to First Answer Token and 45 percent increased output speed compared to Gemini 2.5 Flash, maintaining quality.
•Achieves an Elo score of 1432 on Arena.ai Leaderboard and surpasses some larger prior-gen Gemini models in benchmarks.
•Features adjustable "thinking levels" in AI Studio and Vertex AI, allowing developers to optimize cost and performance based on task complexity.

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