ElevenLabs has announced the launch of its new AI-generated sound effects feature, allowing users to create audio by describing sounds such as "waves crashing" or "metal clanging" using text prompts. This innovative tool was recently showcased through a teaser where generated sounds were overlaid onto clips from the OpenAI Sora announcement, generating excitement and support from the community. Although the public release date was initially not disclosed, the product is now available, and users can explore various sound effects like gunshots, alarms, and DJ scratches or create their own using the ElevenLabs Free Sound Effects Generator. This development signifies a step forward in adding unique sound effects to videos and other projects with the help of AI technology.