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On 3 September 2026, Microsoft AI introduced MAI-Transcribe-2 as the fastest, most accurate and cheapest speech recognition versus rivals such as GPT-Transcribe, Gemini 3.5 Transcribe and ElevenLabs Scribe v2, at $0.10 per hour as a launch offer.
xAI introduced Grok Voice Transcribe 2.0 as its most accurate speech-to-text model, claiming twice the accuracy of version 1.0 at the same $0.10/hour batch and $0.20/hour streaming price, per the lab’s announcement.
Around September 11, 2026, Microsoft launched MAI-Transcribe-2 with claims of leadership across about 60 languages and indicative pricing near $0.10 per audio hour. It is positioned against prior MAI generations and OpenAI transcription APIs. Source: Trew Knowledge AI This Week for September 11.
In the early 2010s, deep nets replaced key parts of HMM-GMM systems and sharply cut speech error rates.