--- tags: - AI - LLM - News - Google --- #LLM #News #Google Google has announced significant updates to their production-ready Gemini models: Gemini-1.5-Pro-002 and Gemini-1.5-Flash-002. The key improvements include: 1. Cost Reduction: - Over 50% price reduction for Gemini-1.5-Pro (both input and output) for prompts under 128K tokens. 2. Increased Rate Limits: - Gemini-1.5-Flash: 2x higher rate limits - Gemini-1.5-Pro: Approximately 3x higher rate limits 3. Performance Enhancements: - 2x faster output generation - 3x lower latency 4. Security: - Updated default filter settings The image following illustrates Gemini's performance compared to its previous version on many popular benchmark tests. ![[Pasted image 20240925110251.png]] For more detailed information about these updates, you can refer to the official Google Developers Blog post:[Updated production-ready Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more](https://developers.googleblog.com/en/updated-production-ready-gemini-models-reduced-15-pro-pricing-increased-rate-limits-and-more/)