Google's new Nano Banana 2 Lite image model is its fastest and cheapest yet

The new Nano Banana 2 Lite offers engineers critical flexibility in AI model deployment. Its speed and low cost are game-changers for applications where rapid iteration, high-volume, or resource-constrained visual generation is needed, even if fidelity isn't top-tier. Consider how this model could optimize your development workflows for internal tools or real-time prototyping. Source: https://arstechnica.com/ai/2026/06/googles-new-nano-banana-2-lite-image-model-is-its-fastest-and-cheapest-yet/