Techno-News Blog

June 15, 2018

Startup Uses AI and Human Augmentation for Video/Audio Transcription

Filed under: Uncategorized — admin @ 12:20 am

By Dian Schaffhauser, Camapus Technology
A startup based in Israel has raised $11 million to expand the growth of its solution for doing artificial-intelligence-powered transcription. Verbit technology, according to the company, will be helpful to schools in addressing the Americans with Disabilities Act (ADA) regulation. The transcription process for videos and audio recordings typically relies on a combination of approaches: fully automated transcription, which tends to produce partially accurate results, and/or manual transcriptions, which require a much longer turnaround. Verbit has developed Verbatizer, a transcription system that uses a combination of AI technologies for automatic speech recognition algorithms and human-augmented refinement. The corrections made by human transcribers are fed into the Verbit algorithms through machine learning technologies to continuously improve the formulas.

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