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AI generated
ElevenLabs: annual revenue grows to $330 million
## Record growth for ElevenLabs
ElevenLabs, a leading company in the field of voice artificial intelligence, has announced that it has reached an annual recurring revenue of $330 million. A remarkable achievement, especially considering that it was only $200 million five months earlier.
## The voice synthesis sector
Voice synthesis is experiencing a phase of great expansion, with applications ranging from virtual assistants to video games, to audiobooks. The ability to generate realistic and personalized voices opens new frontiers in the field of communication and entertainment. Competition in this sector is increasingly fierce, with several companies seeking to develop innovative and high-performance solutions.
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