‍AssemblyAI Universal-3-Pro vs ElevenLabs Scribe v2 Compared

In comparing the speech-to-text APIs AssemblyAI Universal-3-Pro and ElevenLabs Scribe v2, the focus extends beyond mere transcription accuracy to include factors such as prompting control, multichannel support, concurrency handling, pricing, and compliance features. AssemblyAI's Universal-3-Pro is tailored for large-scale asynchronous workloads, offering extensive natural language prompting and multichannel audio support with simultaneous speaker diarization, making it well-suited for compliance-heavy environments. It also provides predictable scaling with separate concurrency pools and a lower base transcription cost. In contrast, ElevenLabs’ Scribe v2, integrated with a broader voice platform, limits multichannel audio to five channels without combining it with diarization support and shares concurrency across all products. While both models support entity detection, Universal-3-Pro offers additional audio redaction capabilities, which are crucial for regulated industries, and generally requires fewer paid features for advanced workflows.