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Activate makes first global growth-stage bet on ElevenLabs as India becomes the battleground

Activate makes first global growth-stage bet on ElevenLabs as India becomes the battleground

Venture capital firm Activate has taken a growth-stage stake in voice AI startup ElevenLabs, marking its first global deal of this kind. The New York-based investor sees India as a strategic market and will partner with ElevenLabs to deepen enterprise ties, while giving early-stage Indian startups access to its voice infrastructure. ElevenLabs is already scaling fast, with India among its biggest markets.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Wispr Flow banks on Hinglish voice AI growth in India despite tough market realities

Wispr Flow banks on Hinglish voice AI growth in India despite tough market realities

Wispr Flow says its voice AI growth in India accelerated after launching in Hinglish, tailoring interactions to how people actually speak. The company’s upbeat data comes even as voice AI in the market remains difficult, with ongoing accuracy, usability, and adoption hurdles across products. The bet: localized voice experiences can overcome lingering friction.

Summarised by Beize from a story on TechCrunch on 10 May 2026

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OpenAI adds voice intelligence features to its API for smarter real time conversations

OpenAI adds voice intelligence features to its API for smarter real time conversations

OpenAI has launched new voice intelligence features in its API, designed to help systems understand and respond to spoken input more effectively. While the company highlights practical uses like customer service, it says the same capabilities can support broader applications across fields such as education and creator platforms.

Summarised by Beize from a story on TechCrunch on 8 May 2026
Ethos raises 22 75M from a16z to scale an expert network with voice onboarding

Ethos raises 22 75M from a16z to scale an expert network with voice onboarding

Ethos, the expert network, has raised $22.75 million from a16z as it pushes faster onboarding using voice. The company says its system is onboarding 35,000 experts per week, aiming to expand the pool of specialists available for customers. The funding underscores investor interest in scaling human expertise through automation.

Summarised by Beize from a story on TechCrunch on 6 May 2026
ElevenLabs hits 500 million ARR and lands Series D valuing it at 11 billion

ElevenLabs hits 500 million ARR and lands Series D valuing it at 11 billion

Voice AI startup ElevenLabs says its annual recurring revenue has crossed $500 million in early 2026. The company also raised additional funds in its Series D round, valuing it at $11 billion. Management says the new capital will accelerate platform upgrades and global expansion, with a focus on more human-like AI communication.

Summarised by Beize from a story on The Economic Times on 5 May 2026
ElevenLabs adds BlackRock and celebrity investors after hitting 500 million ARR milestone

ElevenLabs adds BlackRock and celebrity investors after hitting 500 million ARR milestone

ElevenLabs says it has reached $500M in annual recurring revenue as voice AI moves closer to everyday enterprise workflows. The company also announced new investors spanning major finance and high-profile entertainment, while expanding its footprint for businesses. The update underscores how quickly voice AI is shifting from novelty to critical interface technology.

Summarised by Beize from a story on TechCrunch on 5 May 2026

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Amazon Launches AI Audio Q&A on Product Pages for Instant Product Answers

Amazon Launches AI Audio Q&A on Product Pages for Instant Product Answers

Amazon has introduced “Join the chat,” an AI-powered audio Q&A feature embedded directly on product pages. Shoppers can ask questions about an item and get AI-generated responses delivered in audio, aiming to make discovery faster and more conversational. The feature turns product pages into interactive help desks without needing to leave the listing.

Summarised by Beize from a story on TechCrunch on 28 Apr 2026
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