ElevenLabs, valued at $1.1 billion, was founded in 2022 by former Google engineer Piotr Dabkowski and former Palantir Technologies deployment strategist Mati Staniszewski. The company has partnered with HarperCollins Publishers to produce AI-generated audiobooks and has launched a marketplace where users can sell their cloned voice. However, it has faced scrutiny over its music generation capabilities, particularly whether it has used copyrighted materials to train its models.
Key takeaways:
- ElevenLabs, a voice AI startup, has launched Audio Native, an embeddable audio player that automatically narrates web page content using the company's text-to-speech technology.
- The company also released ElevenLabs Reader, which can voice text from web pages and documents in 11 different voices and 29 languages.
- Audio Native is available at the “creator” tier for $11 a month, and includes built-in metrics and a listener dashboard for tracking audience engagement.
- ElevenLabs has been used by notable publications like The Atlantic and The New York Times, and has also partnered with HarperCollins Publishers to produce AI-generated audiobooks.