Hello George Penrock,
Greetings and Welcome to Microsoft Q&A! Thanks for posting the question.
The cost for Azure's Speech to Text service is indeed set at $1 per hour for speech recognition. Unfortunately, the current pricing structure does not include bulk discounts or subscription options for this service. The pricing is based on usage, and while it may seem high for some applications, it reflects the service's operational costs, and the technology involved.
Azure has reduced the pricing for their speech-to-text services. The standard batch service now costs $0.36 per hour, and the custom batch service is $0.45 per hour. Real-time custom speech-to-text services are now $1.20 per hour.
For organizations with high usage, it may be beneficial to explore the Azure pricing calculator to estimate costs based on specific usage patterns or consider optimizing the application to reduce the amount of audio processed.
Kindly refer this Azure AI Speech pricing, and Updates to Azure AI Speech Service pricing.I Hope this helps. Do let me know if you have any further queries.
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