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ElevenLabs AI music model expands into additional genres by end of 2024?
4
Resolution / Starting Odds
Expands into new genres • 50%
Does not expand into new genres • 50%
Company announcements or credible music industry news
Story
ElevenLabs Launches AI Music Model, Competes with Suno and Udio
May 9, 2024, 07:38 PM
ElevenLabs has recently unveiled a new AI music model that generates songs from text prompts without any edits. The model, showcased in various tweets, demonstrates its capability to produce music in styles such as pop, pop-rock, country, and top charts. The songs, including a track titled 'It Started to Sing,' are part of ElevenLabs' efforts to compete in the AI music generation space against established players like Suno and Udio. This development highlights the growing trend of AI integration in creative processes, pushing the boundaries of technology and artistry.
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Multilingual capabilities • 33%
Real-time sound generation • 33%
Higher fidelity audio production • 33%
Pop • 25%
Hip-hop • 25%
Electronic • 25%
Rock • 25%
Pop • 25%
Rock • 25%
Country • 25%
Electronic • 25%
Shutterstock • 33%
Adobe • 33%
Spotify • 33%
Increase • 50%
Decrease • 50%
Pop • 25%
Electronic • 25%
Hip-Hop • 25%
Classical • 25%
Significant market disruption • 33%
Moderate impact • 33%
Minimal impact • 34%