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Market
Who will be Groq Inc.'s main competitor in transcription services by end of 2024?
3
Resolution / Starting Odds
Google Cloud Speech-to-Text • 25%
Amazon Transcribe • 25%
Microsoft Azure Speech • 25%
IBM Watson Speech to Text • 25%
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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.
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