https://www.benzinga.com/views/taxonomy/term/906296 en https://www.benzinga.com/markets/private-markets/26/03/51489564/cohere-expands-into-audio-market-with-new-transcription-capabilities?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=topic <p><strong>Cohere</strong> has launched <strong>Transcribe,</strong> an automatic speech recognition (ASR) model, now available for download as open source.&nbsp;</p> <p>The model, designed for real-world application, is intended to enhance AI-driven tasks such as meeting transcription and speech analytics to support customer support interactions, a <a href="https://cohere.com/blog/transcribe">press release stated.</a></p> <p>"Our objective was straightforward: push the frontier of dedicated ASR model accuracy under practical conditions. The model was trained from scratch with a deliberate focus on minimizing word error rate (WER), while keeping production readiness top-of-mind. In other words, not just a research artifact, but a system designed for everyday use," Cohere stated.</p> <h2 class="wp-block-heading"><strong>What Does Transcribe Do?</strong></h2> <p>Transcribe supports 14 languages, including English, French and Chinese. The model ranks first for accuracy on <strong>Hugging Face&#8217;s</strong> Open ASR Leaderboard, outperforming other ASR models such as <strong>Whisper Large v3 </strong>and<strong> ElevenLabs Scribe v2,</strong> with a WER of just 5.42%.</p> <p>"We&#039;re genuinely impressed with what Cohere has built with ...</p><p><a href=https://www.benzinga.com/markets/private-markets/26/03/51489564/cohere-expands-into-audio-market-with-new-transcription-capabilities?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic alt=Cohere Expands Into Audio Market With New Transcription Capabilities>Full story available on Benzinga.com</a></p> AI Generated artificial intelligence Cohere AI Private Markets Stories That Matter Education Markets Private Markets Education Markets Benzinga Thu, 26 Mar 2026 17:03:55 +0000 Caroline Ryan 51489564 at https://www.benzinga.com