AI Startup ElevenLabs Hits Unicorn Status, Innovates with Monetizable Voice Generation Technology
ElevenLabs, an AI startup specializing in voice replication software, has recently raised $80 million in a funding round led by Andreessen Horowitz, reaching a $1.1 billion valuation. This round, which also saw participation from Sequoia Capital, Smash Capital, and SV Angel, brings the company’s total funding to $101 million. The technology, capable of mimicking voices in over two dozen languages, has attracted significant interest for its potential in advertising and media, Bloomberg reports. A
Source: yahoo.com
