Gemini 2.5 Flash-Lite is now stable and generally available- Google Developers Blog

Announces the stable and general availability of Gemini 2.5 Flash-Lite, a new model in the Gemini 2.5 family. Highlights its key features: best-in-class speed, cost-efficiency ($0.10 input per 1M, $0.40 output per 1M), smart and small architecture with higher quality than 2.0 Flash-Lite, and full feature set including a 1 million-token context window, controllable thinking budgets, and support for native tools like Grounding with Google Search, Code Execution, and URL Context. Provides examples of successful deployments by Satlyt, HeyGen, DocsHound, and Evertune, detailing specific performance improvements and use cases.