2 models compared on the same benchmark — accuracy, latency, price, language coverage and capabilities. GPT Transcribe leads on raw accuracy; Speechmatics Standard is fastest; GPT Transcribe covers the most languages; GPT Transcribe is cheapest.
Verdict · who wins what
Most accurate
GPT Transcribe
9.6% WER
OpenAI
Fastest
Speechmatics Standard
0.1× realtime
Speechmatics
Most languages
GPT Transcribe
62 languages
OpenAI
Cheapest
GPT Transcribe
$0.0045/min
OpenAI
Comparing
2 models · same benchmark
1
GPT Transcribe
OpenAI
OpenAI GPT Transcribe — OpenAI's current file-transcription model and the successor to GPT-4o Transcribe and Whisper. Detects the spoken language automatically and accepts custom vocabulary. Returns the transcript text without word-level timestamps.
2
Speechmatics Standard
Speechmatics
Cost-effective model — fast turnaround, 55+ languages
GPT Transcribe
Speechmatics Standard
field · 34 models
lower-left is better
Is GPT Transcribe or Speechmatics Standard more accurate?
GPT Transcribe is more accurate, with a 9.6% word error rate versus 14.7% for Speechmatics Standard, on our standardized benchmark.
Which is cheaper, GPT Transcribe or Speechmatics Standard?
GPT Transcribe is cheaper at $0.0045/min versus $0.0050/min for Speechmatics Standard.
Should you choose GPT Transcribe or Speechmatics Standard?
Choose GPT Transcribe for accuracy, lower cost, and language coverage; choose Speechmatics Standard for speed.
