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If anyone can help me here.

What are cost-effective ways to convert audio to transcript?

It should support some non-english languages such as French, German, Portuguese, Spanish.

OpenAI's Whisper is a good transcribing tool. You can use MacWhisper for free and it uses the OpenAI Whisper technology locally on your Mac.That is if you're using a Mac. I'm not sure about Windows or Linux. https://goodsnooze.gumroad.com/l/macwhisper

Perfect. Thank you!

+1 for running Whisper locally, but check out Assembly AI too: https://www.assemblyai.com/pricing

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