FuckBigNewsMedia on Nostr: ElevenLabs has achieved a $1.1 billion valuation as a result of its Series B funding ...

ElevenLabs has achieved a $1.1 billion valuation as a result of its Series B funding round led by Andreessen Horowitz, with participation from Sequoia Capital and Smash Capital. The company intends to cement its position as the global leader in voice AI research and product deployment through this investment, which includes text-to-speech AI-powered voice generation that can sound human while shedding stilted robotic intonations. ElevenLabs' voice cloning tech also features a translation tool that can convert a person's voice into another language while maintaining the original voice's tone and intonation, allowing for seamless communication across languages.

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https://read.distractionfree.site/fortune/2024/01/22/ai-unicorn-andreesen-horowitz-eleven-labs-venture-capital-series-b-tech/

#VoiceAI #TextToSpeech #HumanSoundingVoices #LanguageTranslation