ElevenLabs Unveils AI Music Tool for Commercial Use
Eleven Music will now be part of the startup's AI audio tolls, which also include speech translators and a Conversational AI platform.
ElevenLabs, an AI audio generating business, has released Eleven Music, a new AI model for creating commercial music. Eleven Music will now be part of the startup's AI audio tolls, which also include speech translators and a Conversational AI platform.
To train their AI model, the business has worked with a number of partners, as well as signed arrangements with digital publishing platforms for independent musicians, Merlin Network and Kobalt Music Group.
To train their AI model, the business has worked with a number of partners, as well as signed arrangements with digital publishing platforms for independent musicians, Merlin Network and Kobalt Music Group.
ElevenLabs also intends to offer another model, named Eleven Music Pro, in the future months.
"As an AI audio company, expanding into music was a natural progression, and we are thrilled to introduce Eleven Music today," stated Mati Staniszewski, CEO and Co-Founder of ElevenLabs. "We've received a lot of requests from our enterprise partners and users for a music model like this, so we took our time delivering one that we're confident they'll enjoy. We're happy to be doing so in conjunction with music industry partners who understand the enormous benefits and opportunities of AI innovation in music."
According to ElevenLabs' website, the Business Plan costs 50 cents per minute to utilize.
The AI voice cloning platform raised $180 million in Series C funding earlier this year, valued at $3.3 billion.