Assembly AI introduces its new Universal-1 speech recognition model, which is said to have 30% fewer hallucinations in speech data and 90% fewer hallucinations in ambient noise compared to OpenAI’s Whisper. The model offers improved accuracy for English, Spanish, French, and German, supports code-switching, optimized timestamp estimation, and faster parallel processing, which can be beneficial for applications such as automated note-taking, AI-powered video editing, and telemedicine. Source: VentureBeat