ElevenLabs, an AI powerhouse, unveiled Scribe, marking its official entry into the standalone speech-to-text model market.
ElevenLabs' Breakthrough in Speech-to-Text
ElevenLabs has entered the standalone speech-to-text model market with Scribe, competing against industry leaders like Gladia, Speechmatics, and OpenAI's Whisper. Scribe supports over 99 languages with high accuracy in key languages such as English, French, German, Japanese, and more.
Features and Capabilities of Scribe
Scribe offers innovations including smart speaker diarization, word-level timestamps, and auto-tagging sound events. These features enhance transcription quality and provide richer context. Scribe is also integrated into ElevenLabs' studio for direct video transcription into subtitles.
Pricing and Competition of Scribe
Scribe is priced at $0.40 per hour of transcribed audio, which is competitive in the market. However, users should weigh not just the cost but also the features and language accuracy when selecting a product for their needs.
The launch of Scribe solidifies ElevenLabs' position as a major player in the speech-to-text field, offering broad language support and innovative features.
