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July 3, 2026

Google launches lightweight image and video AI models

Image

Google expands personalized intelligence to Gemini app image creation

Google is extending its personalized intelligence features to image creation within the Gemini app, allowing the tool to draw on information about individual users when generating visuals. The move brings image generation closer in line with how Gemini already tailors text-based responses. It marks a step toward a more cohesive, context-aware experience across the app's creative tools.

Multimodal

Start building with Nano Banana 2 Lite and Gemini Omni Flash

Google has released Nano Banana 2 Lite and Gemini Omni Flash, two new models aimed at image generation and video editing respectively. Nano Banana 2 Lite is positioned as Google's fastest and most cost-efficient image model, while Gemini Omni Flash brings high-quality video output and conversational editing capabilities. Both models are now available for developers to build with.

Video

Chinese AI video maker Kling raises $2 billion as it gears up for Hong Kong IPO

Kuaishou has secured roughly $2 billion in outside investment for Kling, its generative AI video division, as it prepares for a public listing in Hong Kong. The fundraise signals growing investor appetite for AI video technology and positions Kling as a well-capitalized competitor in an increasingly crowded field. The move also reflects a broader trend of Chinese AI companies seeking public market validation.