ElevenLabs

Vendelux, a B2B events platform co-founded by Stefan Deeran and Alex Reynolds, raised $50 million in a Series B round led by Tribeca Venture Partners. The company uses AI and event data to help marketers optimize event strategies and has 250 customers including Ramp and ElevenLabs.

The CEO of ElevenLabs claims London's AI ecosystem is in its best state ever. The statement highlights growing optimism about the region's artificial intelligence development environment.

ElevenLabs' NYC pop-up featured a coffee-pouring robot and an AI shopkeeper for haggling over merchandise. The event aimed to showcase the company's voice AI technology, but the robot struggled with almond milk orders, and the author failed to negotiate a lower price for a hat.

AI customer service, particularly voice-based systems, faces challenges in real-world applications despite advanced voice capabilities. An ElevenLabs robot struggled with voice recognition and network lag during a coffee-ordering demo, highlighting broader user distrust in AI for customer service. The company, valued at $11 billion, is expanding AI voice use cases across industries.

ElevenLabs has resurrected Stan Lee's voice and likeness using AI, offering him as part of its AI-generated voice portfolio.

ElevenLabs and Stability AI have released new AI music models—Music v2 and Stable Audio 3.0—with features like genre-shifting and open weights. Both aim to challenge Suno, the current leader in AI-generated music.

ElevenLabs has licensed the voice and likeness of late Marvel comic creator Stan Lee, incorporating him into the expanding market for AI-generated celebrity replicas. This development highlights the growing trend of using AI technology to replicate and commercialize the personas of deceased public figures.

ElevenLabs has introduced a new music generation model capable of switching genres mid-track. The model allows users to regenerate specific sections of a song without altering the rest of the track.

Spotify is launching a new audiobook creation tool powered by ElevenLabs technology, leveraging AI-generated audio capabilities. The company plans to release new audiobook offerings later this year as part of its expansion into the audiobook market.

The creator of Griffin, an adversarial security platform for AI agents, launched a token called GFRNX on SUI to fund continued development and community building. The project won several awards, including Best ElevenLabs Integration and Best of Colombia. The token launch cost was approximately $3-5 and has already shown real activity.

ElevenLabs has revealed new investors, including BlackRock, Jamie Foxx, and Longoria, and has hit $500M ARR while expanding its enterprise footprint in voice AI. This expansion indicates a significant growth for the company as voice AI becomes a critical interface. The investment from notable figures highlights the potential of ElevenLabs' technology.