<ul><li>French startup Gladia has raised $16 million in a Series A funding round for its speech-recognition API.</li><li>Gladia's API offers high accuracy and low turnaround time for converting audio files into text.</li><li>The startup competes with other specialized companies in the speech-to-text space and supports diarization and a wide variety of languages and accents.</li><li>With the funding, Gladia aims to integrate audio intelligence and large language model tasks into a single API call, as well as improve real-time processing capabilities.</li></ul>

Gladia believes real-time processing is the next frontier of audio transcription APIs

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