Nvidia just announced a significant new investment. Nvidia CEO Jensen Huang has announced an investment in ElevenLabs, the fast-rising AI voice technology startup co-founded by Mati Staniszewski.
ElevenLabs is a leading AI voice technology company, founded in 2022 by Piotr Dąbkowski, a former Google machine learning engineer, and Mati Staniszewski, a former Palantir strategist. The company specializes in advanced text-to-speech (TTS) and voice cloning technologies that produce highly realistic, emotionally nuanced synthetic voices in multiple languages. Its tools are widely used in sectors like audiobooks, gaming, accessibility, and content creation.
In January, ElevenLabs raised $180 million in a Series C funding round led by top-tier investors, reaching a valuation of approximately $3.3 billion. Later in September, the company initiated a $100 million employee tender offer, which doubled its valuation to $6.6 billion. This rapid growth reflects ElevenLabs’ expanding influence in the AI audio space and increasing demand for hyper-realistic voice applications. Its continued innovation positions it as a dominant force in the evolving landscape of generative audio and speech technologies.
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Celebrating the partnership on X, Staniszewski wrote, “We’re excited to share that NVIDIA is investing in ElevenLabs, with support from Jensen Huang.”
In a video released by ElevenLabs, Huang praised the startup’s pioneering role in AI-powered audio, noting, “Whenever my voice is delivered digitally using artificial intelligence, it’s the ElevenLabs platform that I’m using.”
This investment is part of Nvidia’s broader UK strategy, which includes a £2 billion commitment to AI startups and up to £11 billion planned for AI factories.
In 2025, Nvidia continued to solidify its position as a powerhouse in artificial intelligence, making significant investments aimed at expanding its AI ecosystem and infrastructure. A major highlight was Nvidia’s announced $100 billion strategic investment in OpenAI, designed to accelerate the development and deployment of AI models such as ChatGPT. This investment includes the construction of cutting-edge Nvidia-powered AI data centers, with plans to install an initial gigawatt of compute capacity by late 2026. This move underscores Nvidia’s commitment to supporting large-scale AI workloads and advancing generative AI technologies.
Alongside its collaboration with OpenAI, Nvidia actively invested in a number of AI startups to foster innovation across various sectors. Notably, Nvidia participated in a $305 million Series B funding round for Together AI, a cloud-based AI model provider focused on scalable AI services.
Additionally, Nvidia backed Sakana AI, a Japanese startup developing cost-effective AI models trained on smaller datasets, securing $214 million in funding. These investments demonstrate Nvidia’s strategic focus on diversifying AI applications and supporting emerging technologies that complement its core hardware offerings.