Slam-1, released on April 23, 2025, is a cutting-edge, prompt-based Speech Language Model now available in public beta, offering customizable transcription solutions without the need for complex custom model development. Built for superior speech recognition, it combines large language model reasoning with specialized audio processing, enabling accurate speech-to-text conversion tailored to industry-specific terminology and use cases. Slam-1's exceptional accuracy, validated by human preference tests, reduces errors in challenging audio conditions and specialized terminology, making it ideal for applications in diverse fields such as healthcare, legal, and sales. Its multi-modal architecture allows for seamless integration with existing workflows, enhancing transcript quality, reducing post-processing costs, and improving user experiences. As an English-language model, Slam-1 provides unprecedented control over transcription results through contextual understanding and prompting, promising significant business value by improving engagement, retention, and monetization.