The invention discloses a processing method and device of live video. The method comprises the following steps: acquiring the current voice information of an anchor when performing the live video; recognizing the current voice information; executing an operation corresponding to a preset keyword when the preset keyword exists in the current voice information. The live video is more intelligent and convenient through the voice recognition by use of the technical scheme disclosed by the invention, the corresponding operation expecting to be performed by the anchor can be automatically executed, the anchor is prevented from manually preforming the corresponding operation, the manual operation burden of the anchor is reduced, and meanwhile, a series of troubles caused by a condition that the anchor forgets to manually perform the corresponding operation can be avoided.