ElevenLabs staff to sell shares at $6.6 billion valuation: Report

ElevenLabs is letting employees sell shares at a valuation of $6.6 billion – double the voice cloning artificial intelligence startup’s previous value, Bloomberg News reported on Monday.

ElevenLabs had raised $180 million in its last funding round in January which gave it a valuation of $3.3 billion at the time.

AI startups engaged in a fierce competition for talent have been increasingly letting employees sell stock as they race to retain and attract top researchers and engineers.