ElevenLabs’ CEO on margins, IPO timing, and telling customers they’re talking to a bot

ElevenLabs, valued at $22 billion, specializes in AI voice models that convert text to human-like speech, powering customer service for major companies like Klarna and Deutsche Telekom. The company reports $600 million in annual recurring revenue, with over half from enterprise clients, and aims to advance conversational AI to pass the Turing test by integrating emotional intelligence.