FILE PHOTO: AI audio generation startup ElevenLabs has launched Eleven Music, a new AI model that generates music for commercial use. 

FILE PHOTO: AI audio era startup ElevenLabs has launched Eleven Music, a brand new AI mannequin that generates music for commercial use. 
| Photo Credit: Reuters

AI audio era startup ElevenLabs has launched Eleven Music, a brand new AI mannequin that generates music for commercial use. Eleven Music will now be part of the startup’s suite of AI audio tolls together with speech translators and Conversational AI platform. 

The startup has collaborated with quite a lot of companions whereas additionally signing offers with digital publishing platforms for impartial musicians, Merlin Network and Kobalt Music Group, to coach their AI mannequin. 

ElevenLabs additionally plans to launch one other mannequin referred to as Eleven Music Pro inside the upcoming months. 

“As an AI audio company, expanding into music was a natural progression, and we are thrilled to introduce Eleven Music today,” mentioned Mati Staniszewski, CEO and Co-Founder of ElevenLabs. “We’ve heard massive demand from our enterprise partners and users for a music model like this and we took our time to ship one that we’re certain they’ll love. We’re proud to do so in collaboration with music industry partners who recognize the vast benefits and possibilities of AI innovation in music.”

Per ElevenLabs’ web site, value per minute of use is 50 cents for the Business Plan.

The AI voice cloning platform had raised $180 million in a Series C funding earlier in January this 12 months at a valuation of $3.3 billion.



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