| "ElevenLabs Clones Voices with $19M in Funding from VCs" ElevenLabs, a startup specializing in voice cloning AI technology, has announced the closing of $19M in venture capital funding. The investment is being used to support the development of the company's core technologies, including its powerful voice cloning capabilities. Using Machine Learning, ElevenLabs' voice cloning technology is able to replicate voices with remarkable accuracy. The company's technology can be used to recreate voices for applications such as podcasting, video games, and even robotics. It is becoming increasingly popular among developers for its ability to dramatically reduce production costs while improving quality. ElevenLabs has already made a significant impact in the industry. Their technology has already been adopted by numerous content creators, giving them the ability to recreate voices on demand. The artificial intelligence can be used to create personalized experiences, adding a human touch to automated conversations. Additionally, it is being used to create audio recordings for use in virtual assistants, allowing users to enjoy a more natural-sounding experience. The funding round was led by investors from Europe and the United States, including Play Ventures, C4 Ventures, and Talis Capital. It previously closed a $10M round in 2018 and has now raised a total of $29M. With this new capital, ElevenLabs looks to further enhance its voice cloning capabilities and take advantage of the many opportunities that are emerging in the AI space. |