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OpenAI GPT-4o Transcribe vs ElevenLabs Scribe v2

Specs, pricing, and capabilities side by side, plus outputs generated from identical prompts, so the only variable between the columns is the model.

Cloud

OpenAI's most accurate hosted transcription model, which follows a hint for names and terms and returns plain text without timestamps.

Learn more about GPT-4o Transcribe →
Cloud

ElevenLabs' batch transcription model, which returns word-level timing for subtitles and can label who is speaking.

Learn more about Scribe v2 →
Overview
Creator
OpenAI
ElevenLabs
Released
1 year ago (Mar 2025)
8 months ago (Jan 2026)
Available on
OpenAI
ElevenLabs
Model ID
openai/gpt-4o-transcribe
elevenlabs/scribe-v2
Specs
Pricing
$0.006 per minute of audio
$0.0037 per minute of audio
Type
Speech-to-text
Speech-to-text
Languages
Multilingual
Multilingual
Timestamps
-
Timed segments
Speaker labels
-
Supported
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