Update August 5, 12.10 am PT: Wispr Flow has officially released its notetaker for Mac. The notetaker, akin to Granola’s, utilizes system audio to transcribe meetings without participating. It also refines transcripts, generates action items, and enables users to search through meeting history with AI assistance. Users are able to view a live transcript and request AI assistance to brief them as well.

Our initial reporting based on the changes to Wispr Flow’s terms is outlined below

The dictation app Wispr Flow is gearing up to unveil a meeting notetaker, as indicated by the tool’s revised Terms of Service.

The company also reached out to its clients with information about the adjustments to both its terms and privacy policy to support new features.

A review of the updated terms reveals new sections regarding the handling of meeting data and the notetaker’s functionality. The company stated that the notetaker will produce transcripts, summaries, action points, and insights, stating:

For Notetaker, Input may also encompass Meeting Data, including meeting audio, participant details, meeting metadata, speaker labels, meeting transcripts, and other information processed in relation to a meeting. Output may consist of AI-generated meeting transcripts, summaries, action items, meeting insights, speaker attribution, and additional meeting-related content.

With this launch, the startup will compete with other meeting notetakers like Granola, Fireflies, Read AI, Otter, and Fathom. Wispr Flow’s co-founder Tanay Kothari had previously discussed the development of an AI assistant in interviews. With a meeting notetaker, Wispr Flow would acquire more context about its users and could automate additional tasks beyond merely refining spoken sentences.

It remains uncertain whether the startup aims to create a Granola-style notetaker that depends on system audio to transcribe the meeting without maintaining a recording, or to develop a comprehensive meeting recording solution.

To date, Wispr Flow has secured over $81 million, with the latest valuation reaching $700 million in its previous funding round. In May, Bloomberg reported that the company was discussing a new funding round, raising its valuation to $2 billion.

Wispr Flow has yet to respond to our inquiry for additional comments.