Artificial intelligence voice startup ElevenLabs has doubled its valuation to $22 billion, according to the Financial Times. The significant revaluation underscores continued investor confidence in AI voice synthesis technology amid growing demand for generative audio applications. The funding milestone positions ElevenLabs among the most valuable private AI companies globally as the sector attracts record capital inflows. This latest valuation reflects rapid adoption of the company's voice cloning and text-to-speech technologies across entertainment, gaming, and enterprise markets.