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MAI-Transcribe-2 is the fastest, most accurate and cheapest speech recognition model in the world

What happened
Based on Microsoft Source · Sep 03, 2026

Microsoft introduces MAI-Transcribe-2, a speech recognition model surpassing competitors in speed, accuracy, and cost efficiency, with new features like diarization and word-level timestamps.

MAI-Transcribe-2 is the fastest, most accurate and cheapest speech recognition model in the world
Microsoft Source — Microsoft
Key points
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It’s not only its most capable transcription model yet, but the most capable and efficient amongst its competitors.
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It’s significantly faster than the latest models from major competitors, delivering a clear advantage when low‑latency transcription is critical.
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Based on evals run by Artificial Analysis, the model is 10x faster than OpenAI’s GPT‑Transcribe, 7x faster than ElevenLabs’ Scribe v2, and 5x faster than Gemini 3.5 Transcribe while delivering higher accuracy.
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MAI‑Transcribe‑2 is accurate across more languages than any other model.
Key numbers
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Microsoft has unveiled MAI-Transcribe-2, a speech recognition model that outperforms leading alternatives such as Gemini 3.
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2% average Word-Error-Rate and defines the Pareto Frontier for accuracy and latency on Artificial Analysis.
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MAI-Transcribe-2 is priced at $0.

Microsoft has unveiled MAI-Transcribe-2, a speech recognition model that outperforms leading alternatives such as Gemini 3.5 Transcribe, GPT-Transcribe, Whisper V3-Large, and ScribeV2 in both accuracy and efficiency. The model introduces features like diarization, configurable transcription styles, and word-level timestamps, expanding its practical applications across sectors including healthcare, legal, accessibility, and captioning. It ranks first on the FLEURS benchmark across 60 languages with a 5.2% average Word-Error-Rate and defines the Pareto Frontier for accuracy and latency on Artificial Analysis.

MAI-Transcribe-2 demonstrates significant performance advantages, achieving 10 times the speed of OpenAI’s GPT-Transcribe, 7 times that of ElevenLabs’ Scribe v2, and 5 times that of Gemini 3.5 Transcribe while maintaining higher accuracy. Its efficiency is particularly beneficial for low-latency transcription needs, offering developers a clear performance edge over competitors in real-world deployments.

The model’s multilingual capabilities are highlighted by consistent high accuracy across all tested languages in the FLEURS benchmark, enabling developers to use a single model for transcription across multiple languages. This reduces complexity and potential GPU utilization issues, simplifying deployment for applications requiring broad language support.

MAI-Transcribe-2 is priced at $0.10 per hour during a limited-time launch offer, positioning it as the most cost-effective option in the market. The model is accessible for demonstration through Microsoft Foundry, MAI Playground, and Open Router, with availability expanding as part of Microsoft’s broader AI initiatives.

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