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Microsoft AI announced MAI-Transcribe-2, a speech recognition model that it claims is the fastest, most accurate, and cheapest. The model features diarization, configurable transcription styles, and word-level timestamps. It ranks first on the FLEURS benchmark with an average Word-Error-Rate of 5.2% across 60 languages, and is priced at $0.10 per hour as a limited-time offer.
From the source
MAI-Transcribe-2 is the fastest, most accurate and cheapest speech recognition model in the world
microsoft.ai