Text Summarization for NLP: 5 Best APIs, AI Models, and AI Summarizers in 2024

Text Summarization is a technique used to shorten the length of text documents while maintaining their most important information. It can be applied to different types of content such as articles, emails, and meeting transcripts. There are two main approaches to Text Summarization: extractive and abstractive. Extractive methods select and copy parts of the original text into the summary, while abstractive methods generate a new, condensed version of the text that conveys its most important points. Both techniques have their own advantages and limitations, with abstractive summarization generally considered to be more advanced but also more challenging to achieve high quality results. In recent years, many Text Summarization APIs and AI models have been developed by various companies and organizations, including AssemblyAI, plania, Microsoft Azure, and MeaningCloud. These tools can be used in a wide range of industries and applications, such as meeting transcript summarization, video chapter generation, and podcast editing.