diff --git a/src/youtube_extension/backend/api/v1/router.py b/src/youtube_extension/backend/api/v1/router.py
index 7bc80726b..27e9b5108 100644
--- a/src/youtube_extension/backend/api/v1/router.py
+++ b/src/youtube_extension/backend/api/v1/router.py
@@ -1855,6 +1855,10 @@ async def extract_events(request: EventExtractRequest):
     _CHUNK_SIZE = 24_000
     _CHUNK_OVERLAP = 500
     _MAX_EVENTS = 50
+    # Chunks are extracted in bounded windows rather than one at a time.  Each
+    # chunk is an independent, *billed* Gemini round-trip, so the window is kept
+    # small and the _MAX_EVENTS budget is re-checked between windows.
+    _EXTRACT_CONCURRENCY = 4
 
     def _build_chunks(text: str) -> list[str]:
         if len(text) <= _CHUNK_SIZE:
@@ -1928,14 +1932,28 @@ async def _extract_chunk(chunk: str) -> list[ExtractedEvent]:
         return chunk_events
 
     try:
-        for chunk in transcript_chunks:
+        for window_start in range(0, len(transcript_chunks), _EXTRACT_CONCURRENCY):
             if len(events) >= _MAX_EVENTS:
                 break
-            chunk_events = await _extract_chunk(chunk)
-            for ev in chunk_events:
-                if ev.title not in seen_titles and len(events) < _MAX_EVENTS:
-                    seen_titles.add(ev.title)
-                    events.append(ev)
+            window = transcript_chunks[
+                window_start : window_start + _EXTRACT_CONCURRENCY
+            ]
+            # asyncio.gather preserves input order, so results are merged in the
+            # same chunk order the serial loop used -- dedup and the _MAX_EVENTS
+            # cut-off therefore select exactly the same events.  _extract_chunk
+            # isolates every ordinary Exception (it catches Exception and returns
+            # []), so return_exceptions=False cannot abort a sibling chunk on a
+            # normal provider failure.  A BaseException such as CancelledError can
+            # still propagate -- that is intended: request cancellation should tear
+            # the whole fan-out down rather than be swallowed into a result value.
+            window_results = await asyncio.gather(
+                *(_extract_chunk(chunk) for chunk in window)
+            )
+            for chunk_events in window_results:
+                for ev in chunk_events:
+                    if ev.title not in seen_titles and len(events) < _MAX_EVENTS:
+                        seen_titles.add(ev.title)
+                        events.append(ev)
     except Exception as exc:
         logger.warning(f"Chunked extraction failed: {exc}")
 
diff --git a/tests/unit/test_events_extract_concurrency.py b/tests/unit/test_events_extract_concurrency.py
new file mode 100644
index 000000000..ccc23a276
--- /dev/null
+++ b/tests/unit/test_events_extract_concurrency.py
@@ -0,0 +1,225 @@
+"""Concurrency tests for the chunked AI extraction in /api/v1/events/extract.
+
+A transcript longer than the 24 000-char chunk window is split into several
+overlapping chunks, each of which is an independent AI round-trip.  Those
+round-trips used to run strictly one after another, so a long transcript paid
+the full provider latency once per chunk.
+
+These tests lock in the bounded-window fan-out:
+
+* chunks in the same window are extracted concurrently;
+* the window is bounded, so a very long transcript cannot fire an unbounded
+  number of billed provider calls at once;
+* results are merged in chunk order (not completion order), so dedup and the
+  50-event budget select exactly the events the serial walk selected;
+* the event budget is re-checked between windows, so extraction still stops
+  early once it is full;
+* a chunk that fails does not take its siblings down with it.
+
+REAL_MODE_ONLY: no mocked provider *success* is asserted against a real
+backend -- the stand-in reports ``backend="gemini"`` purely so the router's own
+mock-rejection guard does not divert to the heuristic path, and every assertion
+here is about the router's scheduling, not about AI output quality.
+"""
+
+from __future__ import annotations
+
+import asyncio
+from types import SimpleNamespace
+
+import pytest
+from starlette.testclient import TestClient
+
+from youtube_extension.backend.api.v1 import router as router_mod
+from youtube_extension.main import app
+
+client = TestClient(app)
+
+# Mirrors the router's own constants; asserted against them indirectly via the
+# observed window size rather than by importing (they are function-locals).
+_CHUNK_SIZE = 24_000
+_EXPECTED_MAX_CONCURRENCY = 4
+_MAX_EVENTS = 50
+
+
+def _disable_gateway(monkeypatch) -> None:
+    """Force the Vercel AI Gateway off so only the chunked path is exercised."""
+    from youtube_extension.services.ai import vercel_gateway_provider as gw
+
+    monkeypatch.setattr(gw, "gateway_available", lambda: False)
+
+
+def _transcript_for(n_chunks: int) -> str:
+    """Build a transcript long enough to split into at least ``n_chunks``.
+
+    Every sentence is unique, which guarantees every chunk is a unique
+    substring -- the tests rely on ``transcript.index(chunk)`` being a stable,
+    strictly increasing identifier for each chunk.
+    """
+    # ~24 chars per sentence; oversize generously so boundary snapping cannot
+    # leave us one chunk short.
+    n_sentences = (n_chunks + 1) * (_CHUNK_SIZE // 20)
+    return " ".join(f"w{i} filler token here." for i in range(n_sentences))
+
+
+def _install_tracking_process(
+    monkeypatch,
+    transcript: str,
+    *,
+    events_per_chunk: int = 1,
+    fail_at_offset: int | None = None,
+    invert_latency: bool = False,
+) -> dict:
+    """Patch ``HybridProcessorService.process`` with a concurrency-aware stub.
+
+    Records peak in-flight calls and the offset of every chunk it was handed.
+    Each chunk is identified by its start offset in ``transcript``, which is
+    also its position in chunk order.
+    """
+    record: dict = {"inflight": 0, "max_inflight": 0, "offsets": []}
+
+    async def fake_process(self, *args, **kwargs):  # noqa: ANN001, ANN002, ANN003
+        chunk = args[0] if args else kwargs["input_data"]
+        offset = transcript.index(chunk)
+        record["offsets"].append(offset)
+
+        record["inflight"] += 1
+        record["max_inflight"] = max(record["max_inflight"], record["inflight"])
+        try:
+            if invert_latency:
+                # Later chunks finish *first*.  If the router merged results in
+                # completion order the final event order would be reversed.
+                await asyncio.sleep(0.15 / (1 + offset / 20_000.0))
+            else:
+                await asyncio.sleep(0.05)
+
+            if fail_at_offset is not None and offset == fail_at_offset:
+                raise RuntimeError("provider blew up for this chunk")
+
+            lines = "\n".join(
+                f"- Event {n} at offset {offset}" for n in range(events_per_chunk)
+            )
+            return SimpleNamespace(
+                success=True,
+                response=lines,
+                cloud_result=SimpleNamespace(backend="gemini"),
+            )
+        finally:
+            record["inflight"] -= 1
+
+    monkeypatch.setattr(
+        router_mod.HybridProcessorService, "process", fake_process, raising=True
+    )
+    return record
+
+
+def _extract(transcript: str) -> list[dict]:
+    resp = client.post("/api/v1/events/extract", json={"transcript": transcript})
+    assert resp.status_code == 200, resp.text
+    return resp.json()["data"]["events"]
+
+
+def _offsets_of(events: list[dict]) -> list[int]:
+    return [int(e["title"].rsplit(" ", 1)[-1]) for e in events]
+
+
+class TestExtractEventsChunkConcurrency:
+    """The serial ``for chunk in transcript_chunks`` walk is now windowed."""
+
+    def test_chunks_are_extracted_concurrently(self, monkeypatch):
+        """Peak in-flight calls above 1 is only reachable without a serial loop."""
+        _disable_gateway(monkeypatch)
+        transcript = _transcript_for(4)
+        record = _install_tracking_process(monkeypatch, transcript)
+
+        _extract(transcript)
+
+        assert len(record["offsets"]) > 1, "transcript did not split into chunks"
+        assert record["max_inflight"] > 1, (
+            "chunks were extracted one at a time; peak in-flight was "
+            f"{record['max_inflight']}"
+        )
+
+    def test_concurrency_is_bounded(self, monkeypatch):
+        """A long transcript must not fire every billed call at once."""
+        _disable_gateway(monkeypatch)
+        transcript = _transcript_for(12)
+        record = _install_tracking_process(monkeypatch, transcript)
+
+        _extract(transcript)
+
+        assert len(record["offsets"]) > _EXPECTED_MAX_CONCURRENCY
+        assert 1 < record["max_inflight"] <= _EXPECTED_MAX_CONCURRENCY, (
+            f"expected a bounded window, saw {record['max_inflight']} in flight"
+        )
+
+    def test_events_are_merged_in_chunk_order(self, monkeypatch):
+        """Results are merged by chunk position, not by completion time."""
+        _disable_gateway(monkeypatch)
+        transcript = _transcript_for(4)
+        record = _install_tracking_process(
+            monkeypatch, transcript, invert_latency=True
+        )
+
+        events = _extract(transcript)
+        offsets = _offsets_of(events)
+
+        # Later chunks completed first, so a completion-ordered merge would
+        # produce a descending sequence here.
+        assert offsets == sorted(offsets), (
+            f"events merged out of chunk order: {offsets}"
+        )
+        assert record["max_inflight"] > 1, "latency inversion needs real overlap"
+
+    def test_event_budget_is_rechecked_between_windows(self, monkeypatch):
+        """Once the 50-event budget is full, no further window is dispatched."""
+        _disable_gateway(monkeypatch)
+        transcript = _transcript_for(12)
+        # One chunk alone overfills the budget.
+        record = _install_tracking_process(
+            monkeypatch, transcript, events_per_chunk=_MAX_EVENTS + 10
+        )
+
+        events = _extract(transcript)
+
+        assert len(events) == _MAX_EVENTS
+        # The first window is dispatched before the budget can be checked, so
+        # up to _EXPECTED_MAX_CONCURRENCY calls are expected -- but not the
+        # remaining windows.
+        assert len(record["offsets"]) <= _EXPECTED_MAX_CONCURRENCY, (
+            "extraction kept dispatching windows after the budget was full: "
+            f"{len(record['offsets'])} calls"
+        )
+
+    def test_one_failing_chunk_does_not_abort_siblings(self, monkeypatch):
+        """A provider error in one chunk must not cancel the rest of its window."""
+        _disable_gateway(monkeypatch)
+        transcript = _transcript_for(4)
+        probe = _install_tracking_process(monkeypatch, transcript)
+        _extract(transcript)
+        all_offsets = sorted(set(probe["offsets"]))
+        assert len(all_offsets) >= 3
+
+        doomed = all_offsets[1]
+        _install_tracking_process(monkeypatch, transcript, fail_at_offset=doomed)
+        events = _extract(transcript)
+        offsets = set(_offsets_of(events))
+
+        assert doomed not in offsets
+        assert offsets == set(all_offsets) - {doomed}
+
+    def test_short_transcript_still_makes_one_call(self, monkeypatch):
+        """Regression guard: the single-chunk path is unchanged."""
+        _disable_gateway(monkeypatch)
+        transcript = "We build the agent. Then we deploy it."
+        record = _install_tracking_process(monkeypatch, transcript)
+
+        events = _extract(transcript)
+
+        assert len(record["offsets"]) == 1
+        assert record["max_inflight"] == 1
+        assert _offsets_of(events) == [0]
+
+
+if __name__ == "__main__":  # pragma: no cover
+    raise SystemExit(pytest.main([__file__, "-v"]))