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4. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 265

On June 30, Alphabet Inc. (NASDAQ:GOOGL) introduced two new artificial intelligence models, Nano Banana 2 Lite and Gemini Omni Flash AI. The new models are designed to expand GOOGL’s AI image and video capabilities. According to the company, Nano Banana 2 Lite is its most cost-efficient Gemini Image generation model, while Gemini Omni Flash is built for high-quality video generation and conversational video editing.

The tech giant, Alphabet, highlighted in a release:

With these two models, developers can build comprehensive, end-to-end multimedia experiences that connect rapid image generation with video creation and editing. Whether your workflow requires generating thousands of images or editing multi-turn video sequences, you now have two new models to build faster, iterate seamlessly, and bring your creative vision to life.

Nano Banana 2 can generate images from text in about four seconds. The model costs $0.034 per 1,000 images, making it well suited for rapid image creation and prototyping. It is available through developer platforms, as well as AI mode in Search, NotebookLM, Google Flow, Google Ads, the Gemini app, Google Photos, and Stitch.

Meanwhile, Gemini Omni Flash, which was first announced at Google I/O, is now available to developers through the Google AI Studio and Gemini API. The model is optimized for high-quality video generation and editing and is priced at $0.10 per second of video output, matching the cost of Veo 3.1 Fast.

Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services, including search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.