Google has released a new version of its AI model Gemini. Gemini 1.5 Flash-8B is now available for production use, as announced on the Google Developers Blog. Compared to its predecessor, the model offers 50% lower prices, twice the request limits, and lower latency for short inputs. Developers can access Gemini 1.5 Flash-8B for free via Google AI Studio and the Gemini API. According to Google, the model is particularly well-suited for tasks such as chat, transcription, and long-context translation. Paid users will be billed for using the model starting October 14th.