ElevenLabs is in talks to acquire at an estimated valuation of 22 billion US dollars.

ElevenLabs has initiated preliminary negotiations with investors, planning to proceed with a second round of financing with a post-investment valuation of around $22 billion. This company specializes in AI software that generates lifelike voices in multiple languages, and related tools have been promoted and implemented in various industries. Despite facing competition from major AI giants, ElevenLabs is still favored by investors due to its vertical expertise in the speech AI field, with the market generally believing that it has the potential to outperform large tech companies in niche areas.