Achieving 90% Cost-Effective Transcription and Translation with Optimised OpenAI Whisper

The article discusses how Q Blocks' decentralized GPU computing approach coupled with an optimized OpenAI Whisper model can significantly reduce the cost of execution and increase throughput for speech-to-text transcription tasks. It highlights the importance of AI model optimization in reducing deployment costs, improving speed, and enabling more effective scaling. The article also provides a detailed comparison between running an optimized whisper large-v2 model on Q Blocks' GPU instances versus AWS P3.2xlarge GPU instances, showing a 12x cost reduction with the former. Finally, it emphasizes the potential implications of this approach for various AI applications such as video subtitles, customer service chatbots, and language translation.