According to monitoring by Dongcha Beating, OpenAI has released two speech-to-text models: GPT Transcribe and GPT Live Transcribe. The former handles recorded audio files and batch tasks, while the latter is designed for real-time scenarios such as live captions and phone calls. Both models incorporate context, keywords, and language hints to enhance recognition accuracy for short phrases, numbers, technical terms, multiple accents, and noisy environments. Artificial Analysis measured a word error rate of 3.31% for GPT Transcribe, 0.7 percentage points lower than the previous GPT-4o Transcribe model. The price has also been reduced by 25%, with a charge of $4.5 per 1,000 minutes of audio.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
OpenAI Launches Two Speech-to-Text Models with 25% Price Reduction
-
Wechat scan to share
Recommended for you
-
BTC Breaks Above $64,000
Market data shows BTC has broken through $64,000 and is currently reported at $64,000.33, with a 24-hour decline of 1.53%. Market volatility is high, so please exercise caution and manage risks accordingly. -
BTC Falls Below $64,000
Market data shows BTC has fallen below $64,000, currently at $63,999.77, with a 24-hour decline of 1.89%. Market volatility is significant; please exercise risk control. -
Vitalik Updates Ethereum Roadmap: Privacy, Post-Quantum Scaling, and Native Rollups Become New Priorities
On August 10, Vitalik Buterin stated that he had compared the 2023 Ethereum roadmap with the current Strawmap. The overall direction still overlaps considerably, but some priorities and technical paths have been clearly adjusted, including raising the priority of quantum safety, downweighting VDF and some EVM improvements, and replacing old designs with solutions such as a unified binary tree, PBT, and new state types. He noted that the most notable change in the current Strawmap is the emergence of several new topics not included in the 2023 roadmap, reflecting a shift in Ethereum's R&D focus. These new priorities include: stronger native privacy support, aggressive scaling in a post-quantum context, specification streamlining for formal verification, Blob and Gas futures, native Rollups, and a more open design space for the future shape of the EVM. Vitalik also emphasized that Ethereum's scaling approach is shifting from 'expanding all activities comprehensively' to 'designing more scalable dedicated mechanisms for specific high-load scenarios,' and he regards STARK proofs and AI-accelerated formal verification as important foundations for the protocol's future. Overall, this update shows that the Ethereum roadmap is evolving toward quantum safety, privacy-first, censorship resistance, high performance, and simpler protocol design. -
ETH Falls Below $1900
Market数据显示，ETH has fallen below $1900, currently reported at $1899.19, with a 24-hour decline of 1.28%. The market is highly volatile. Please exercise risk control. -
Microsoft Plans to Release Next-Gen MAIA 300 AI Chip in September
On August 10, according to reports, Microsoft plans to release its next-generation MAIA 300 AI chip in September. -
BitMine Adds 7,391 ETH and Buys Back 3 Million Shares Last Week
As of August 9, Eastern Time, BitMine's total cryptocurrency + cash holdings + "Moonshot" initiative amounted to $11.6 billion. BitMine held 5,805,238 ETH (up 7,391 ETH from last week), representing 4.8% of the total Ethereum supply (120.7 million ETH). It also held 209 BTC, $180 million in Beast Industries shares, $69 million in Eightco Holdings (NASDAQ: ORBS) shares, and $104 million in unsecured cash. BitMine repurchased 3 million common shares last week, bringing the total common shares repurchased since early July to over 19 million. As of August 9, 2026, BitMine's total staked ETH was 5,067,309 (worth approximately $9.8 billion at $1,928 per ETH). -
Strategy Sells 1,691 BTC in Past Week
Regulatory filings show that Strategy sold 1,691 BTC over the past week, increasing its dollar reserves by $650 million. -
Unitree Technology: Final Online Issuance Winning Rate 0.0181%
On August 10, Unitree Technology (688836.SH) announced that the company's initial public offering of shares and the online issuance subscription status and winning rate on the Sci-Tech Innovation Board were disclosed. The issuing price was RMB 150.80 per share, with a total of 40,446,434 shares issued. After the activation of the clawback mechanism, the final online issuance was 9,707,000 shares, accounting for approximately 30.00% of the total shares issued after deducting the final strategic placement, and the final online issuance winning rate was 0.01809759%. -
BTC Breaks Through $65,000
Market data shows that BTC has broken through $65,000, currently reporting at $65,001.99, with a 24-hour increase of 0.19%. The market is highly volatile; please exercise risk control. -
RMB Spot Exchange Rate Against USD Hits 42-Month High
On August 10, the onshore spot exchange rate of the RMB against the U.S. dollar rose to as high as 6.7439 during trading, marking a new high in more than three years since February 6, 2023. ICBC Asia, in its outlook on the RMB trend for the second half of the year, believes that the RMB exchange rate is likely to continue a gradual upward trend amid volatility. The main influencing factors include: first, exports are expected to maintain resilient growth in the second half of the year, with attention on the impact of geopolitical risks and tariff policies on the differentiation of export products, regional structure, and price-volume relationships; second, international capital is increasing its allocation to RMB assets, with net capital inflows supporting a stronger RMB central tendency; third, the central parity rate of the RMB against the U.S. dollar will be adjusted as circumstances dictate. The chief economist team of China Minsheng Bank pointed out that since the beginning of this year, the main factor supporting the strength of the RMB exchange rate has been the high prosperity of exports. At present, with the continuous optimization of the trade structure, the high growth rate of exports is expected to continue, and the trade surplus is also expected to remain at a high level. Overall, China's economy has demonstrated strong resilience in an environment of complex and volatile external conditions and the transition of domestic growth drivers, while the foreign exchange market operates steadily, laying a solid foundation for the RMB exchange rate to remain basically stable at a reasonable and balanced level. It is expected that in August, the RMB exchange rate will maintain a stable two-way fluctuation pattern around 6.75. (The Paper)
Daily Must-Read
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
-
The Invisible Bill: Unpacking the Token Amplification Effect
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
All Comments