The text discusses creating a WebSocket server using Java, Spring Boot, and Twilio Media Streams to transcribe phone calls in real-time. The project involves setting up a Spring Boot application with the necessary dependencies, configuring the WebSocket server to handle incoming messages from Twilio's Media Streams, and sending the audio data to Google's Speech-to-Text service for transcription. The code includes examples of how to create a WebSocket handler, configure the Spring Boot application, and integrate with Twilio and Google Cloud services.