Hot on the heels of Google’s music AI launch, ElevenLabs drops ElevenMusic, a text-to-song iOS app that signals the company’s clear ambition to move well beyond voice cloning.
ElevenMusic lets users create and remix songs using text prompts
Mistral’s new speech model can run on a smartwatch or a smartphone.
AI startups like Clay and ElevenLabs are using early liquidity to keep their best talent.
ElevenLabs CEO argued at Web Summit Qatar that voice is the next interface for AI, as OpenAI, Google, and Apple push conversational systems into wearables, new hardware, and everyday interactions.
ElevenLabs’ valuation has raised more than three times in the last twelve months.
The company said it took only five months to go from $200 million to $330 million in annual recurring revenue.