OpenAI Releases GPT-5.4, Google Launches Budget Gemini Model

OpenAI debuts GPT-5.4 with Pro and Thinking versions while Google releases Gemini 3.1 Flash Lite at significantly reduced cost.

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According to the Last Week in AI podcast episode #236, OpenAI has launched GPT-5.4, offering both Pro and Thinking versions of the new model. The podcast hosts discussed this release as a significant development in OpenAI’s product lineup, though specific technical details or performance metrics were not provided in the source material.

Google has responded to market competition by releasing Gemini 3.1 Flash Lite, positioned as a budget-friendly alternative at one-eighth the cost of its Pro version, according to the podcast. This pricing strategy appears aimed at making advanced AI capabilities more accessible to a broader range of users and applications.

The podcast episode also covered topics related to supply chain risk and referenced the Department of War Anthropic, though the context and details of these discussions were not elaborated upon in the available source material. The episode represents the 236th installment of the Last Week in AI series, which regularly covers developments in artificial intelligence technology and policy.

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