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- Gemini 3.1 Pro rolled out by Google, undercuts Claude and GPT on cost
Gemini 3.1 Pro rolled out by Google, undercuts Claude and GPT on cost
Bay Area Times
February 20, 2026
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Top stories today:
- Gemini 3.1 Pro rolled out by Google, undercuts Claude and GPT on cost
- Pomelli Photoshoot launched by Google for SMBs
- NVIDIA to replace prior $100B pact with up to $30B OpenAI investment
- U.S. trade deficit hits $901.5B in 2025, little changed from 2024
- Steve Cohen tops hedge fund pay ranks with $3.4B payday
- Uber market cap -25% over 6 months as robotaxi race narrows
0. Data and calendar
Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. Gemini 3.1 Pro rolled out by Google, undercuts Claude and GPT on cost
Gemini 3.1 Pro was <50% the cost of Claude Opus 4.6 and GPT-5.2 in Artificial Analysis testing:
Gemini 3.1 Pro Preview is priced at $2/$12 per 1M input/output tokens, vs. Claude Opus 4.6’s $5/$25 and GPT-5.2’s $1.75/$14.
This marks Google’s first .1 increment after prior mid-cycle updates used .5 versions.
Rolling out to the Gemini app and NotebookLM for Google AI Pro and Ultra subscribers.
Also available in the Gemini API via Google AI Studio, Antigravity, Vertex AI, Gemini Enterprise, Gemini CLI, and Android Studio for developers.
Gemini 3.1 Pro Preview used fewer tokens and cost ~50% of GPT-5.2 and Claude Opus 4.6 to run
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3. Pomelli Photoshoot launched by Google to help SMBs generate AI product images
The feature uses Nano Banana image generation to turn product photos “into professional-grade studio shots,” Google said.
Google is also adding improved image models, new editing tools, and style reference images to Pomelli.
4. NVIDIA said to replace prior $100B pact with up to $30B OpenAI equity investment
The $30B equity investment is reportedly part of a $100B+ round valuing OpenAI at $830B post-money:
