Google launches project spending cap feature in Google AI Studio.

On March 16th local time, Google announced the launch of a project spending limit feature in Google AI Studio to more accurately control the monthly expenses of the Gemini API. Google stated that users can now set a monthly spending limit for projects in Google AI Studio for the Gemini API, with a delay of about 10 minutes for the spending limit to take effect. Users will be responsible for any excess charges incurred during this period.