ElevenLabs is launching its own speech-to-text model
SMRTR summary
ElevenLabs, a $3.3 billion AI startup, launched Scribe, its first stand-alone speech-to-text model supporting over 99 languages. The model outperforms competitors in benchmark tests, offering 97% accuracy for English and less than 5% word error rate for 25 languages, with features like speaker diarization and auto-tagging sound events.
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