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Forbes Daily Briefing

How A Tiny Polish Startup Became The Multi-Billion-Dollar Voice Of AI

Forbes Daily Briefing

Forbes

Careers, Entrepreneurship, News, Business

4.6 • 12 Ratings

🗓️ 7 December 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

ElevenLabs’ computer voices are so convincing they could fool your mother. That’s both a blessing—its 30 Under 30 alumni founders are now both billionaires—and a curse for the four-year-old company.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Sunday, December 7th.

0:05.1

Today on Forbes, how a tiny Polish startup became the multi-billion dollar voice of AI.

0:13.4

Dubbed films in Poland are horrible.

0:16.0

A lone lector delivers all the dialogue in an ennerved Slavic monotone.

0:21.5

There is no cast, no variation between speakers.

0:25.1

Young audiences hate it.

0:27.1

Mateos, or Mati, Stanisuski, the co-founder of AI Speech Outfit Eleven Labs, says, quote,

0:34.6

Ask any Polish person and they will tell you it's terrible.

0:38.6

I guess it was a communist thing that stuck as a cheap way to produce content. While working at Palantir, Stanisuski

0:45.5

teamed up with high school friend and Google engineer, Piotr Dabkowski, to experiment with artificial

0:51.7

intelligence. The pair realized that one project, a particularly promising AI public speaking coach,

0:57.9

could solve the uniquely Polish horror of Leonardo DiCaprio or Scarlett Johansson

1:02.8

being drowned out by a lector star like Macyage Gudowski.

1:07.8

The pair pulled their savings and by May 22 had quit their jobs to work full-time on 11 Labs.

1:14.9

Out of the gate, their new AI text-to-speech generator was leagues better than the robotic voices of

1:20.6

Apple's Siri and Amazon's Alexa.

1:23.7

Eleven Labs' AI voices were capable of happiness, excitement, and even laughter.

1:30.0

In January 2023, 11 Labs launched its first model. It could take any piece of text and use

1:36.8

AI to read it aloud in any voice, including a clone of your own, or worryingly someone else's.

1:43.9

There was immediate demand.

1:46.0

Authors could instantly spawn audio books with the software.

1:49.0

Pro rates now start from $99 a month for higher quality and more time.

...

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