Shulou(Shulou.com)11/24 Report--

CTOnews.com, June 22 (Xinhua)-- Elevenlabs, the company behind AI Radio, the world's first AI streaming channel, recently received $19 million in financing and now has a market capitalization of $99 million (about 712 million yuan).

▲ Elevenlabs announced the success of the financing, and the official website of Picture Source Elevenlabs, ElevenLabs, positioned itself as a voice technology research company, mainly developing AI voice software for creators and publishers, using generative AI technology to copy other people's voices, or to create new synthetic sounds to make words on paper into real voice clips. At present, the company's voice technology is mainly used in barrier-free market, audio book creation, game NPC role dubbing. The company said the new wave of money would be used to continuously develop technologies such as publishing, games, entertainment or dialogue.

According to the brief introduction of ▲ Elevenlabs voice technology, according to the official website CTOnews.com of Tuyuan Elevenlabs, a number of people in the industry participated in this financing, including Nat Friedman, who was the chief executive of GitHub, Daniel Gross, who once led the development of Apple AI, Mike Kriege, co-founder of Instagram, Brendan Iribe, co-founder of Oculus VR, and Andreessen Horowitz, and other well-known angel investors.

The company has already participated in the deployment of AI Radio, the world's first AI streaming channel, which is reported to play AI music 24 hours a day, with virtual DJ reviews and accompaniment. And ElevenLabs's AI generation voice platform is now officially commercial. ElevenLabs claims that since the beta version was launched in January this year, more than 1 million users worldwide have used the services provided by ElevenLabs and have generated voice content with a total length of more than 10 years.

▲ AI Radio streaming page, photo source Super Hi-Fi AI Radio website ElevenLabs said that the tools created by the company can transform any text into any style of new sound, and the sound quality is no different from that of a real person. Although there are concerns that the ability of the ElevenLabs platform to synthesize audio at will will be abused, ElevenLabs believes that abuse can be relatively avoided, and the positive application of the product is more critical.

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