Alphabet stock is charging ahead with explosive momentum. What’s behind GOOG gains?Google's announcement centers on Veo 3.1 Lite, a new budget‑friendly video model designed for developers who need to generate large volumes of content without paying premium rates. It delivers the same speed as Veo 3.1 Fast but at less than half the cost and supports both text‑to‑video and image‑to‑video creation in 720p and 1080p.Developers can also choose clip lengths of 4, 6 or 8 seconds, with pricing adjusting accordingly ...

On Tuesday, Google unveiled Veo 3.1 Lite, its most cost-effective AI video model, and announced plans to cut prices of Veo 3.1 Fast. Shares of Google jumped about 5% on Tuesday. The Alphabet (GOOG) (GOOGL) unit ...