Google has expanded its Gemini AI model family with the launch of Gemini 2.5 Pro and the introduction of the cost-effective Gemini 2.5 Pro Flash-Lite. These models offer significant improvements over previous versions, making them more competitive in the AI landscape, particularly with adjustable thinking budgets for developers. The Flash-Lite variant is designed for high-volume workloads at a fraction of the cost, though it may not be suitable for regular users due to its limitations.