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AI voice startup ElevenLabs lands $80M round, launches marketplace of cloned voices
With this round, the valuation of the AI voice startup, known for speech cloning and synthesis, has grown ten-fold to over $1 billion.
The investment has been co-led by existing investors Andreessen Horowitz (a16z), former GitHub CEO Nat Friedman and former Apple AI leader Daniel Gross, with participation from Sequoia Capital and SV Angel. Former Google machine learning engineer Piotr Dabkowski and ex-Palantir deployment strategist Mati Staniszewski, who both hail from Poland, witnessed this problem firsthand when they saw poorly dubbed movies. The company is giving users the flexibility to define the availability and compensation terms for their AI-generated voice but notes that sharing it will be a multi-step process involving different layers of verification.
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