Gemini API Pricing Set at $2/$10 per Million Tokens as Google Pushes AI Monetization
GOOG sits 44% above its 52-week low of $236.685.
Summary
Google has set Gemini API pricing at $2 per million input tokens and $10 per million output tokens, linking AI monetization directly to its cloud revenue strategy. The company also raised its Google Cloud revenue target to about $204B by 2027, citing strong demand for TPU chips and AI partnerships like Anthropic. Meanwhile, legal risks are mounting: a U.S. judge allowed a class-action trial on alleged digital advertising monopoly with plaintiffs seeking about $3.2 billion, and a separate publisher lawsuit could expose Alphabet to roughly $1.7 billion in claims. On the product side, Google integrated Argon into Spark AI and launched an Argon code scanner, both with paid API access planned. These moves follow Q2 results where unrealized gains on equity stakes (including Anthropic and SpaceX) contributed about $99B to other income, helping drive net income to $112.1B. The stock fell about 4% over two sessions after the class-action ruling, reflecting investor concern over legal exposure despite strong AI momentum.
At the time of this announcement, GOOG was trading at $340.36 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.2T. The 52-week trading range was $236.69 to $404.47. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.