Company
Date Published
Author
Sam Sklar
Word count
450
Language
English
Hacker News points
None

Summary

ElevenLabs, a prominent AI audio research and deployment company, is expanding its operations in the UK and US, reflecting its commitment to regional innovation and economic growth. Over the past year, the company significantly increased its workforce, with UK and US staff numbers rising to 68 and 61, respectively, and its European workforce growing to 91. With offices in major cities worldwide, ElevenLabs is building local talent hubs and infrastructure to deliver real-time AI audio solutions globally. Collaborating with NVIDIA, the company leverages advanced GPUs and software to develop scalable products and technologies. Additionally, ElevenLabs launched an initiative to support individuals with aphasia by partnering with non-profits to create voices, demonstrating a commitment to accessibility and empowerment. The company’s technology is used across various sectors, including by companies like Cisco and Adobe, for diverse applications such as customer support and education. Recently, ElevenLabs announced a $100 million Tender Offer at a $6.6 billion valuation, highlighting its rapid growth and future aspirations.