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Elevenlabs just doubled its valuation to $22 billion, and the reason is not dubbing

15:49 ISTby Yethikrishna R

elevenlabs just doubled its valuation to $22 billion, and the reason is not dubbing: ai voice has moved from content tools to what the market calls “phone employees”, handling refunds, insurance renewals and sales calls. google can already call a business on your behalf for home repair or pet care, and the economics run about 40 cents per ai call versus 7 dollars for a human one. the telephone is becoming an api.

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