The post ElevenLabs Exits Beta With 28-Language AI Voice Model After $11B Valuation appeared on BitcoinEthereumNews.com.

Darius Baruo
Mar 06, 2026 12:27

ElevenLabs launches Eleven Multilingual v2 supporting 28 languages, officially exiting beta phase weeks after securing $500M Series D at $11 billion valuation.

ElevenLabs has officially exited beta and launched Eleven Multilingual v2, a foundational AI speech model supporting 28 languages. The release comes just weeks after the company closed a $500 million Series D round that valued it at $11 billion. The new model automatically identifies written text across nearly 30 languages and generates what the company describes as “emotionally rich” speech. More importantly for content creators, voice characteristics—including original accents—remain consistent across all supported languages. A single cloned voice can now produce content in Chinese, Japanese, Arabic, Korean, and 24 other languages without losing its distinctive qualities. 18 Months of Research Pays Off ElevenLabs spent a year and a half building new mechanisms for understanding context and conveying emotion in synthesized speech. The timing isn’t accidental. With $330 million in annual recurring revenue reported for 2025 and over 1 million users on the platform, the company needed infrastructure that could scale globally. That scaling got a boost last month when ElevenLabs extended its Google Cloud partnership, gaining access to NVIDIA Blackwell GPUs to handle increased demand. The language roster now includes Chinese, Korean, Japanese, Turkish, Indonesian, Filipino, Ukrainian, Greek, Czech, Finnish, Romanian, Danish, Bulgarian, Malay, Slovak, Croatian, Classic Arabic, and Tamil. These join the original eight languages: English, Polish, German, Spanish, French, Italian, Hindi, and Portuguese. Who Benefits Most Game developers and publishers stand to gain significantly. Indie studios can now localize voice content for international audiences without hiring voice actors for each market. Embark Studios and Paradox Interactive are already using the platform. Educational institutions get instant audio content generation in target languages—useful for…

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Filed under: News - @ March 7, 2026 1:25 am