ElevenLabs, a four-year-old company specializing in AI voice technology that converts text to human-like speech, is valued at $22 billion with $600 million in annual recurring revenue. Its technology powers customer service for major firms like Klarna and governments worldwide, serving both enterprises and creators. CEO Mati Staniszewski highlights the company's focus on improving emotional intelligence in AI voices and expanding market share, even at the cost of slimmer margins. ElevenLabs plans a potential IPO around 2028 while emphasizing ethical AI deployment and customer transparency about AI interactions.
ElevenLabs, an AI voice technology company valued at $22 billion, is the subject of this update. For readers following the technology sector, here is Pluang's market snapshot as of Sep 24, 2026 23:51 WIB: out of 150 priced US technology stocks, 61 advanced while 88 declined. Oracle Corporation traded at USD 139.18 with a 1-day change of -3.71%, IONQ Inc rose 3.71% to USD 44.12, and GoPro Inc fell 3.44% to USD 1.26.
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