3.8 uses nearly twice as many tokens as 3.7. One might be inclined to think that they just uppsed the thinking budgets...

3.7 used 64M on high: https://artificialanalysis.ai/models/gemini-3-7-flash 3.8 used 120M on high: https://artificialanalysis.ai/models/gemini-3-8-flash

Even their own chart showed more than 2x higher cost compared to 3.7: https://storage.googleapis.com/gweb-uniblog-publish-prod/ima...