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OpenAI releases two new transcription models: GPT Live Transcribe for low-latency and GPT Transcribe for batch workloads, with up to 41% lower error rates and improved semantic accuracy using context.
Moonshine presents a family of encoder-decoder transformer models for speech recognition that use Rotary Position Embedding (RoPE) and are optimized for live transcription and voice commands, achieving a 5x reduction in compute compared to Whisper tiny.en with no increase in word error rate.