Darius Baruo
Mar 06, 2026 12:27
ElevenLabs launches Eleven Multilingual v2 supporting 28 languages, formally exiting beta section weeks after securing $500M Collection D at $11 billion valuation.
ElevenLabs has formally exited beta and launched Eleven Multilingual v2, a foundational AI speech mannequin supporting 28 languages. The discharge comes simply weeks after the corporate closed a $500 million Collection D spherical that valued it at $11 billion.
The brand new mannequin mechanically identifies written textual content throughout almost 30 languages and generates what the corporate describes as “emotionally wealthy” speech. Extra importantly for content material creators, voice traits—together with authentic accents—stay constant throughout all supported languages. A single cloned voice can now produce content material in Chinese language, Japanese, Arabic, Korean, and 24 different languages with out shedding its distinctive qualities.
18 Months of Analysis Pays Off
ElevenLabs spent a yr and a half constructing new mechanisms for understanding context and conveying emotion in synthesized speech. The timing is not unintentional. With $330 million in annual recurring income reported for 2025 and over 1 million customers on the platform, the corporate wanted infrastructure that might scale globally.
That scaling acquired a lift final month when ElevenLabs prolonged its Google Cloud partnership, having access to NVIDIA Blackwell GPUs to deal with elevated demand.
The language roster now consists of Chinese language, Korean, Japanese, Turkish, Indonesian, Filipino, Ukrainian, Greek, Czech, Finnish, Romanian, Danish, Bulgarian, Malay, Slovak, Croatian, Traditional Arabic, and Tamil. These be part of the unique eight languages: English, Polish, German, Spanish, French, Italian, Hindi, and Portuguese.
Who Advantages Most
Sport builders and publishers stand to achieve considerably. Indie studios can now localize voice content material for worldwide audiences with out hiring voice actors for every market. Embark Studios and Paradox Interactive are already utilizing the platform.
Academic establishments get on the spot audio content material era in goal languages—helpful for language studying applications and accommodating worldwide college students. Audiobook publishers like Storytel, already an ElevenLabs associate, can increase their catalogs into new markets sooner.
The accessibility angle issues too. Visible content material can now be supplemented with multilingual speech for customers with visible impairments, with out the price of recording separate audio tracks for every language.
What’s Subsequent
ElevenLabs plans to introduce a voice-sharing mechanism that lets customers monetize their cloned voices when others use them for content material creation. CEO Mati Staniszewski framed it as “human-AI collaboration”—although the revenue-sharing particulars stay unclear.
The corporate’s trajectory from $100 million valuation in June 2023 to $11 billion in February 2026 displays broader market urge for food for AI voice expertise. With $781 million in whole funding throughout 5 rounds, ElevenLabs has the runway to pursue its acknowledged purpose: making content material accessible in any language, in any voice.
Picture supply: Shutterstock
