Loading...
Market
What will be the revenue from Groq Inc.'s transcription service by end of 2024?
5
Resolution / Starting Odds
$0-$10 million • 25%
$10-$50 million • 25%
$50-$100 million • 25%
Over $100 million • 25%
Groq Inc. financial statements or quarterly reports
Story
Groq Inc. Integrates Whisper V3 for Fast, Affordable Transcription of 10 Hours for $1
Jun 20, 2024, 08:35 PM
Groq Inc. has integrated Whisper, OpenAI's speech recognition technology, into its platform, offering developers rapid text-to-speech and transcription capabilities. Whisper V3, available on Groq Cloud, enables real-time in-browser speech recognition and transcription at a speed of 1200+ tokens per second. Users can transcribe 10 hours of audio for less than $1, making it a cost-effective solution compared to other options. The technology also supports the creation of organized notes from audio sources, such as YouTube videos, within a minute. Whisper WebGPU enhances real-time in-browser recognition, and Groqnotes is an open-source tool for note-taking.
View original story
Similar markets
Under $500M • 25%
$500M - $1B • 25%
$1B - $2B • 25%
Over $2B • 25%
Below $3 billion • 25%
$3 billion to $4 billion • 25%
$4 billion to $5 billion • 25%
Above $5 billion • 25%
No additional funding • 25%
Up to $500 million • 25%
$500 million to $1 billion • 25%
Above $1 billion • 25%
Less than $10 million • 25%
$10 million to $50 million • 25%
$50 million to $100 million • 25%
More than $100 million • 25%
Leader • 25%
Strong Competitor • 25%
Moderate Competitor • 25%
Minor Player • 25%
Less than 5% growth • 25%
5% to 10% growth • 25%
10% to 20% growth • 25%
More than 20% growth • 25%
More than $300 million • 25%
Less than $100 million • 25%
$100 million to $200 million • 25%
$200 million to $300 million • 25%
Yes • 50%
No • 50%
Less than $10M • 25%
$10M to $50M • 25%
$50M to $100M • 25%
More than $100M • 25%
Less than $50M • 25%
$50M to $100M • 25%
$100M to $150M • 25%
More than $150M • 25%