The Free On-line Dictionary of Computing (19 January 2023):
gigabits per second gbps(Gbps) A unit of information transfer rate equal to one billion bits per second. Note that, while a gigabit is defined as a power of two (2^30 bits), a gigabit per second is defined as a power of ten (10^9 bits per second, which is slightly less) than 2^30). (2004-02-10)