Major artificial intelligence companies, including Mistral, Elevenlabs, and Databricks, are reportedly setting up operations in Madrid. They are drawn to the Spanish capital by its talent pool and the opportunity to gain a local perspective on one of Europe's most dynamic markets.

Greek lender Alpha Bank has deepened its collaboration with AI voice technology company ElevenLabs. The partnership aims to introduce a new artificial intelligence-powered voice assistant to enhance customer service, making it more natural, faster, and user-friendly.

A Polish state bank has invested in ElevenLabs, a unicorn startup with Polish roots, with plans to establish a global AI center in Poland.

A Business Insider reporter visited ElevenLabs' pop-up event in New York City, where they experienced interactions with AI, including a robot serving coffee and an AI voice for haggling.

Customers Bank has announced a partnership with ElevenLabs to integrate and deploy AI agents, aiming to enhance its services and operational efficiency.

LOT Polish Airlines is introducing AI-powered solutions, including an intelligent voice assistant developed with ElevenLabs, to enhance customer service and shorten call center wait times.

Greek Prime Minister Kyriakos Mitsotakis met with the CEO of ElevenLabs to explore integrating AI voice functionalities, including regional dialects, into the country's Gov.gr digital services.

Spotify has chosen ElevenLabs' Polish voice technology to enhance its audiobook offerings, signaling a significant step in the integration of AI voices into the audio content market.

Mati Staniszewski from ElevenLabs stated in an interview that the Polish technology sector lacks large companies willing to take risks and acquire solutions from smaller, local enterprises developing new technologies. This indicates a cautious approach within the industry.

ElevenLabs has revamped its ElevenMusic platform into an AI-powered service for music creation, remixing, and streaming, aiming to engage listeners more actively with licensed content.

The San Francisco Giants have announced a partnership with AI firm ElevenLabs, aiming to expand the fan experience at Oracle Park through services like translation and new music options.

Users have generated 14 million songs with the company's AI music model. Now, they can get paid for them.

Startup ElevenLabs aims to be ready for an Initial Public Offering within the next three years.

The CEO of ElevenLabs, Mati Staniszewski, discusses the transformative potential of voice AI, from restoring speech to the risks of deepfakes, and where ethical lines must be drawn.

Alpha Bank is set to launch its new AI voice assistant by the end of July, in collaboration with ElevenLabs, which will gradually handle the bank's 4 million call center inquiries as part of a customer service upgrade.

ElevenLabs is reportedly in talks for a tender offer that would allow employees to sell their stock, valuing the company at $22 billion. This move suggests significant growth and investor interest in the AI voice technology firm.

AI company ElevenLabs has launched an officially licensed replica of actor Michael Caine's voice, which will be used to narrate an audiobook of Homer's epic poem, the Odyssey.

Poland has announced an $11 million investment in ElevenLabs, an artificial intelligence company, with the goal of building a new AI technology hub in the country.

AI voice startup ElevenLabs is targeting expansion with a new hub in Warsaw and has acquired a Polish startup. This move aims to push for more clients in Central and Eastern Europe.

The Warsaw-based startup ElevenLabs, valued at $11 billion, has unveiled its latest language models and a revolutionary agent system designed to transform the tourism industry.

Greece has signed a memorandum with ElevenLabs to integrate AI-powered voice features into its Gov.gr platform and create a digital library for local dialects. This initiative aims to enhance public services and preserve cultural heritage through artificial intelligence.

Greek Prime Minister Kyriakos Mitsotakis is scheduled to attend the signing of a Memorandum of Understanding between the Greek government and the company ElevenLabs on Thursday.

Popular sample platform Splice has announced a partnership with ElevenLabs to leverage its foundational music models, aiming to develop new AI-powered creative tools for music production.

ElevenLabs CEO Mati Staniszewski announced a new strategy to embed an engineer into every non-technical team within the startup, aiming to enhance the skills and capabilities of those teams.

French AI giant Mistral AI has unveiled Voxtral TTS, an open-source AI model for speech generation, directly challenging Polish startup ElevenLabs, which holds a market value exceeding $11 billion.

Robinhood has announced strategic investments in Stripe and ElevenLabs, signaling its expansion into new areas or partnerships within the tech and financial sectors.

Deloitte and ElevenLabs, a developer of AI-powered conversational agent platforms, have announced a partnership to offer AI-based solutions aimed at transforming customer experiences for businesses.

Actor Matthew McConaughey, an investor in AI company ElevenLabs, believes public apprehension around AI will fade due to its profitability and productivity, advising peers to trademark their voices and likeness.

ElevenLabs has released a 13-hour AI-generated narration of Homer’s 'The Odyssey' using Michael Caine's voice, prompting discussion on its value compared to versions narrated by human actors like Ian McKellen and Claire Danes.

Poland has invested $11 million in ElevenLabs, an AI-powered voice-generation company founded by two Poles and headquartered in New York, with the goal of developing a Polish AI hub.

ElevenLabs, an AI voice technology company founded by Poles, initially gained traction with internet creators like Mr. Beast and now generates half a billion dollars in revenue, developing solutions for real-time call translation and music creation.

Polish startup ElevenLabs, founded by two Warsaw high school graduates, is developing artificial intelligence technology capable of generating natural-sounding human voice, with co-founder Mati Staniszewski calling it a bigger revolution than the internet.

LOT Polish Airlines is partnering with Polish tech company ElevenLabs to integrate an AI-powered voice assistant into its helpline, aiming to provide faster and more efficient customer service.

Greece has signed a memorandum of understanding with the U.S. artificial intelligence company ElevenLabs to integrate conversational voice interfaces across Gov.gr, the country's central digital portal, covering over 2,200 automated state services.

Greek Prime Minister Kyriakos Mitsotakis is participating in a discussion with Mati Staniszewski, co-founder and CEO of ElevenLabs, at the 'Panathēnea 2026' festival held at the Zappeion Megaron.

The winners of the 15th edition of the "business Oscars" (PRB Awards) have been announced in Poland. Sebastian Kondracki, creator of Bielik AI, received the award in the VISION AND INNOVATION category, while Mati Staniszewski and Piotr Dąbkowski, founders of ElevenLabs, were honored for SUCCESS.

ElevenLabs, an AI audio company backed by Matthew McConaughey and valued at $11 billion, seeks to become the leading voice provider for Hollywood, founded by Mati Staniszewski and Piotr Dąbkowski out of frustration with poor dubbing.

AI company ElevenLabs has announced a new round of investors, including major financial firm BlackRock and celebrities Jamie Foxx and Eva Longoria.

An ElevenLabs executive stated the company plans to double its team size but cautions potential hires about the significant work hours expected at the startup.

IBM has partnered with ElevenLabs to integrate advanced voice capabilities into its enterprise AI platform.

Robinhood Ventures Fund I has made strategic investments in two prominent companies, Stripe and ElevenLabs, expanding its portfolio in the tech sector.

ElevenLabs is a $11 billion voice cloning AI startup. Smith Collection/Gado/Getty Images ElevenLabs set "ruthless" sales quotas for its representatives, one of its execs said. VP Carles Reina said sales reps are expected to meet quotas equivalent to 20 times their base salary. He said ElevenLabs adopts a small team model for higher sales success. At $11 billion AI startup ElevenLabs, the message to sales reps is simple: Hit 20x your base salary, or you're out. Speaking on the 20VC podcast on Friday, Carles Reina, VP of sales at the voice-cloning startup, talked through its "ruthless" quotas. "So if I pay you $100,000 a year, your quota is $2 million. That's it. If you don't achieve your quota, then you're going to be out, right?" Reina said. "And we're ruthless on that end." ElevenLabs — which was recently valued at $11 billion after closing a $500 million funding round — operates in micro-teams of five to ten people each, according to CEO and cofounder Mati Staniszewski, who spoke on a separate 20VC podcast episode in September. Reina said he prefers to operate in smaller teams that hit their quotas, and pay them more. Small teams have become a growing trend in tech, with AI startups touting their ability to scale with far fewer employees by working alongside AI agents. LinkedIn cofounder Reid Hoffman wrote in January that a team of 15 people using AI can rival a team of 150 who aren't. Meanwhile, Mark Zuckerberg said on a Meta earnings call in July that he has "gotten a little bit more convinced around the ability for small, talent-dense teams to be the optimal configuration for driving frontier research." Reina said the "ruthless" quota has been successful at ElevenLabs, saying on the 20VC podcast that more than 80% of reps hit their sales quota. ElevenLabs did not respond to a request for a comment. He added that the firm compensates both the account executive and customer success manager if they upsell a company within the first 12 months. "I'm paying double, but I don't care," Reina said. "It makes perfect sense because then I have these two people busting their ass to make sure that they actually can make more money, which is fantastic for me as a company." The push for higher performance isn't limited to AI startups. In April, Google said it was restructuring its compensation structure to increase rewards for top performers. "High performance is more important than ever," Google's head of compensation told staff at the time. Read the original article on Business Insider