Venturebeat iconVenturebeatSep 3, 2026 ~1 min source read

Microsoft AI’s MAI-Transcribe-2 undercuts OpenAI, Google and ElevenLabs on price and speed

Microsoft AI on Thursday released MAI-Transcribe-2, a speech-recognition model the company says is faster, more accurate, and cheaper than anything OpenAI, Google, or ElevenLabs currently sells. When Microsoft AI shipped the first model in this line just five months ago, it charged $0.36 an hour.

Microsoft AI’s MAI-Transcribe-2 undercuts OpenAI, Google and ElevenLabs on price and speed

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Microsoft AI on Thursday released MAI-Transcribe-2, a speech-recognition model the company says is faster, more accurate, and cheaper than anything OpenAI, Google, or ElevenLabs currently sells.

When Microsoft AI shipped the first model in this line just five months ago, it charged $0.36 an hour.

Transcription is the modality where that plan has moved fastest, and MAI-Transcribe-2 is its clearest proof point yet.

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Microsoft AI on Thursday released MAI-Transcribe-2, a speech-recognition model the company says is faster, more accurate, and cheaper than anything OpenAI, Google, or ElevenLabs currently sells. When Microsoft AI shipped the first model in this line just five months ago, it charged $0.36 an hour. Transcription is the modality where that plan has moved fastest, and MAI-Transcribe-2 is its clearest proof point yet.

How it works

  • It also offers a preview of how the world's most valuable software company intends to compete in AI without depending on the partner it spent $13 billion to cultivate.
  • What MAI-Transcribe-2 does and why the feature list matters to enterprise buyers</...

Details worth keeping

Then it priced the thing at 10 cents per hour of audio. Thursday's early-bird price cuts that by roughly 72%. At that level, transcription stops being a line item anyone argues about.

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