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AI assistants are going voice-first, and Mistral AI just launched its models to compete. On Wednesday, the French AI startup launched Voxtral Transcribe 2, its next-generation family of speech-to-text models that boast state-of-the-art transcription quality, speaker diarization, and timestamps, while maintaining ultra-low latency, according to the company. The models are also small enough to run on-device, offering wins in privacy and cost. “Voxtral Transcribe 2 proves that state-of-the-art transcription can run locally, without compromising accuracy or speed. For businesses and users who demand privacy and control, this changes everything,” said Pierre Stock, VP Science at Mistral AI, to The Deep View.