Google unveils Nano Banana 2 Lite aka Gemini 3.1 Flash-Lite for low cost, 4-second fast enterprise image generations

Google is upgrading its AI image generation capabilities today with the debut of Nano Banana 2 (NB2) Lite, an optimized model built for rapid execution and tight infrastructure budgets. Technically designated as Gemini 3.1 Flash-Lite Image on Google's application programming interface (API), NB2 Lite is positioned as the fastest and most cost-effective option within Google's creative model family, capable of generating images in 4 seconds at a flat rate of $0.034 per 1,000 images. It's available immediately to enterprise developers through Google AI Studio, the Gemini API, and the Gemini Enterprise Agent Platform (GEAP).It's not quite as fast or customizable as startup Krea's new, partially open licensed Krea 2 Turbo (which allows for open modification and commercial usage by small enterpr