GPT Transcribe improves on its predecessor but can't catch ElevenLabs, Google, or Mistral on error rates

OpenAI has announced the launch of two new speech recognition models, GPT Transcribe and GPT Live Transcribe, available through its API. GPT Transcribe features improvements over its predecessor but still struggles to compete with ElevenLabs, Google, and Mistral in terms of error rates. This launch marks a significant step in the speech recognition field, as decision-makers aim to enhance the accuracy of models used in various applications, potentially influencing corporate strategies in this domain.