Google has yet to officially release or confirm Veo 4 as of mid-June 2026, with the latest public model remaining Veo 3.1 from early 2026. Trader sentiment reflects expectations that built around Google I/O in May, where the company instead unveiled Gemini Omni Flash—a distinct multimodal video model with text, image, audio, and video inputs—rather than advancing the Veo lineage. This timing aligns with historical patterns of major AI reveals at the developer conference, yet the absence of a Veo 4 model card, API integration, or pricing has introduced uncertainty amid intensifying competition from OpenAI's Sora updates and other labs. Key watchpoints include any follow-up DeepMind announcements on extended video length, character consistency, or API access that could resolve the market.