AI Startup ElevenLabs Sets its Sights on Sound Effects in Video Production

In a groundbreaking development, artificial intelligence (AI) speech startup ElevenLabs has announced its plans to revolutionize the field of video production by incorporating AI-generated sound effects. While renowned for its human-like text-to-speech and synthetic voice services, this latest endeavor aims to enhance videos created using OpenAI’s Sora with lifelike audio accompaniment.

OpenAI recently unveiled its remarkable Sora text-to-video AI model, showcasing the most realistic, consistent, and longest AI-generated videos to date. In response, ElevenLabs expressed their admiration for OpenAI’s achievement, while recognizing an opportunity to further enhance the viewer experience. The startup envisions adding a diverse range of sounds, including footsteps, waves, and ambience, to their text-to-sfx (sound effects) model.

ElevenLabs, known for its unparalleled ability to create synthetic voices so natural that they are virtually indistinguishable from human speech, has soared to prominence in 2022. The UK-based company achieved unicorn status earlier this year after securing $80 million in Series B funding. Alongside this milestone, ElevenLabs unveiled a tool for synchronizing AI speech in videos to facilitate automatic translations, thereby entering the international dubbing market.

While there are already text-to-sfx models available, such as myEdit, AudioGen, and Stable Audio, the sound effects produced by ElevenLabs stand out for their exceptional realism. Currently, it remains unclear how much editing is involved in the process. Although the release date for the text-to-sfx model is yet to be announced, interested individuals can join the waitlist by providing a sound prompt.

Looking ahead, the future of AI video production holds the promise of automated sound effect additions based on video content analysis. A similar development could occur in the field of music production, where most AI tools currently operate on a text-to-music basis. As multimodal capabilities continue to advance, the integration of image or video prompts may facilitate the generation of holistic and well-rounded pieces of content, bringing us closer to the long-standing dream of generative AI.

In conclusion, ElevenLabs’ foray into AI-generated sound effects represents a significant breakthrough in the world of video production. By combining lifelike audio accompaniment with realistic visuals, the startup is paving the way for a more immersive and captivating viewer experience.

FAQ Section:

Q: What is ElevenLabs’ latest development in video production?
A: ElevenLabs plans to incorporate AI-generated sound effects to enhance videos created using OpenAI’s Sora text-to-video AI model.

Q: What makes ElevenLabs stand out in the field of speech synthesis?
A: ElevenLabs is known for its ability to create synthetic voices that are virtually indistinguishable from human speech.

Q: What milestone did ElevenLabs achieve earlier this year?
A: ElevenLabs achieved unicorn status after securing $80 million in Series B funding.

Q: Can individuals join the waitlist for the text-to-sfx model by ElevenLabs?
A: Yes, interested individuals can join the waitlist by providing a sound prompt.

Q: What is the potential future development in AI video production?
A: The future holds the promise of automated sound effect additions based on video content analysis, potentially leading to the integration of image or video prompts for generating holistic content.

Definitions:

– AI: Artificial intelligence refers to the development of computer systems capable of performing human-like cognitive tasks.
– Sora: Sora is a text-to-video AI model developed by OpenAI that generates realistic videos.
– Text-to-sfx: Text-to-sfx refers to the process of generating sound effects from text prompts.
– Unicorn status: Unicorn status is a term used to describe a privately held startup company with a valuation of over $1 billion.

Suggested Related Links:

OpenGen: AI-Generated Content Platform – OpenGen is an AI-generated content platform that could complement ElevenLabs’ endeavors in video production.
OpenAI – OpenAI is the organization behind Sora and other innovative AI models and technologies.

The source of the article is from the blog enp.gr

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