Bring your own key (coming soon)
AssemblyAI Universal-2 for meeting transcription on Transcript.audio
How Transcript.audio uses AssemblyAI Universal-2 for meeting transcription, where it runs, what it is good at and what to consider. It is used with your own AssemblyAI account, through bring your own key (coming soon).
What it is used for in the app
Transcript.audio ranks models for each job. Here is where AssemblyAI Universal-2 sits.
Transcription
Rank 8 of 12
Turns the meeting audio into text, ideally with who said what.
Strengths and trade-offs
- Transcription: Cheaper AssemblyAI tier, still good with speaker labels.
Privacy: where it runs
It is used with your own AssemblyAI account, through bring your own key (coming soon). Compare privacy optimised and standard mode.
- How it connects
- With bring your own key (coming soon) you connect your own AssemblyAI account, so your usage is billed by AssemblyAI directly and runs under your own agreement with them.
- Recordings
- Saved on your computer.
- Transcripts and notes
- Saved on your computer. Nothing is stored by us.
- Internet needed
- Yes, for transcription and notes.
Prefer nothing to set up? Transcript.audio cloud is included in your plan: Speech segments are sent, encrypted, to our AI service, transcribed by an AI provider under zero data retention, then discarded.
Speed, accuracy and cost
- TranscriptionAccuracy 4/5Speed 4/5Cost: About $0.17 an hour
Accuracy and speed are our own 1 to 5 ratings from the model catalogue, not benchmarks. Costs are approximate provider costs in US dollars per hour of meeting. With your own key, the provider bills you directly.
Presets that pick it
Cheapest
The lowest cost that still gives usable notes.
- Transcription: fallback 4
Fastest
The shortest wait after the call ends.
- Transcription: fallback 3
Presets pick a model for every job in one click, and fall back down their list when a model is not available. See all presets.
Plan availability
AssemblyAI Universal-2 is used with your own API key. Bring your own key is coming soon as a free update. About bring your own key.
Frequently asked questions
What does AssemblyAI Universal-2 do in Transcript.audio?
Transcript.audio ranks AssemblyAI Universal-2 for transcription (ranked 8 of 12). Cheaper AssemblyAI tier, still good with speaker labels.
What happens to my meeting data with AssemblyAI Universal-2?
How it connects: With bring your own key (coming soon) you connect your own AssemblyAI account, so your usage is billed by AssemblyAI directly and runs under your own agreement with them. Recordings: Saved on your computer. Transcripts and notes: Saved on your computer. Nothing is stored by us. Internet needed: Yes, for transcription and notes.
How much does AssemblyAI Universal-2 cost?
The approximate provider cost is about $0.17 an hour of meeting, billed to you directly by AssemblyAI when you use your own key.
Which presets use AssemblyAI Universal-2?
Cheapest and Fastest. Presets pick a model for every job in one click and fall back down their list when a model is not available.
What are the alternatives to AssemblyAI Universal-2?
The models ranked next to it are OpenAI gpt-4o-mini-transcribe and Gemini 2.5 Flash (audio). Each has its own page with the trade-offs.