Whisper-Zero, a new automatic speech recognition (ASR) system developed by Gladia, marks a significant advancement in transcription technology by eliminating hallucinations and enhancing accuracy, speed, and multilingual support. Built upon the Whisper model released by OpenAI in 2022, Whisper-Zero integrates multiple state-of-the-art models and utilizes over 1.5 million hours of diverse audio data to improve performance in real-life environments. Addressing limitations such as hallucinations and hardware requirements that hindered previous versions, Whisper-Zero offers features like live streaming transcription, translation, and speaker diarization, making it suitable for enterprise applications. This system is optimized for complex audio settings and fine-tuned to recognize various accents, providing a robust solution for industries like media, call centers, and online meetings, thus positioning itself as the most advanced enterprise-grade version of Whisper available in the cloud.