Aspects of the disclosure relate to implementing and using a data processing system with a machine learning engine to provide automated collaboration assistance functions. A computing platform may receive, from a teleconference hosting computer system, a content stream associated with a teleconference. Responsive to receiving the content stream associated with the teleconference, the computing platform may generate, based on a machine learning dataset, real-time transcript data comprising a real-time textual transcript of the teleconference. The computing platform may detect, during the teleconference, based on the real-time transcript data comprising the real-time textual transcript of the teleconference, an action item associated with the teleconference. Responsive to detecting the action item associated with the teleconference, and based on the machine learning dataset, the computing platform may identify and execute one or more automated tasks associated with the action item associated with the teleconference.