ElevenLabs has announced significant updates to its pricing structure for its AI audio solutions, aimed at reducing costs for users. The company has halved the prices of its Turbo v2 and v2.5 models, which are known for their ultra-low latency and high-quality audio, making them more affordable for both self-serve and enterprise customers. The new pricing allows self-serve users to pay as little as $50 per million characters on annual plans, with enterprise customers benefiting from volume-based discounts that can reduce costs to $15 per million characters for high-volume users. A new Business Plan has also been introduced, offering features like priority support and credit rollovers, which allow users to carry over up to two months' worth of unused credits. To alleviate confusion, the company has shifted terminology from "characters" to "credits," reflecting the product's diverse capabilities. ElevenLabs is committed to making AI audio content more accessible and continues to seek user feedback to improve its offerings.