AI firm ElevenLabs to invest hundreds of millions of dollars in India
London-based AI voice company ElevenLabs plans to invest hundreds of millions of dollars in India to add local teams, develop models and work on Indian languages. The company is also open to merger and acquisition targets in India.
Oct 6 (Reuters) — London-based AI voice company ElevenLabs plans to invest hundreds of millions of dollars in India, its co-founder Mati Staniszewski told Reuters on Tuesday. The company is open to merger and acquisition targets in India, he added, but declined to disclose any names. The investment would be used to add local teams, develop models and work on Indian languages. The company declined to mention the exact investment amount.
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