ElevenLabs is a pioneering AI company specializing in natural-sounding speech synthesis software. Founded in 2022, it has grown rapidly, reaching $100 million ARR in just 2 years. More recently, Spotify just opened up the support for AI generated audiobooks (https://newsroom.spotify.com/2025-02-20/spotify-opens-up-support-for-elevenlabs-audiobook-content/).

In this episode, we discuss the technology behind realistic speech synthesis, their unique approach and business model.

If you want to know more about ElevenLabs or the technology, you can refer to the following materials used in the research:
- https://github.com/neonbjb/tortoise-tts
- https://elevenlabs.io/blog/tortoise-tts-v2
- https://assets.ctfassets.net/f1df9zr7wr1a/5iH4gCSx2AdDihfxd2Sj3/5a44f34d8ac9c002ad946adfce9cef68/elevenlabs.pdf
- https://research.contrary.com/company/elevenlabs