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Backed by a recent $180 million funding round, AI leader ElevenLabs is taking a major step in expanding its reach beyond voice production. The company is already known for powering voice applications and is accurate mobile phone number list now pioneering the highly competitive speech-to-text market with its new product, Scribe. This groundbreaking launch demonstrates ElevenLabs’ ambition to not only succeed in voice production, but also to dominate the transcription technology market, challenging the established players in the industry.
At $3.3 billion, ElevenLabs was already a pioneer in the AI speech recognition space. The company has previously supported numerous speech-to-text solutions through its large audio corpus. However, Scribe is the company’s first standalone speech-to-text model, competing against industry giants like Gladia, Speechmatics, AssemblyAI, Deepgram, and even OpenAI’s Whisper. So what makes Scribe stand out in such a competitive space?
Unrivaled language coverage : Scribe supports over 99 languages from the outset, making it a truly world-class transcription solution.