On July 29, 2026, OpenAI announced the launch of two new transcription models: GPT-Live-Transcribe and GPT-Transcribe, both supporting API calls. GPT-Live-Transcribe focuses on low-latency real-time transcription, priced at $0.017 per minute, suitable for live broadcasts, meetings, and other instant response scenarios. GPT-Transcribe is designed for completed audio files and batch tasks, priced at $0.0045 per minute, excelling in handling complex audio content. Both models significantly improve transcription accuracy in context understanding, multilingual support, and noisy environments, with GPT-Transcribe outperforming Whisper (whisper-1) in multiple tests.
