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Pocket FM partnership with US-based AI voice ElevenLabs
Economic Times
·
1y ago
Medial
Indian audio platform Pocket FM has partnered with US-based AI voice software firm ElevenLabs to enable writers to convert their narratives into audio series. The collaboration aims to make audio series creation more accessible and inclusive, with writers able to create audio series with a single click. Pocket FM expects to triple its content library this year, leveraging ElevenLabs' capabilities to increase efficiency and creativity. Pocket FM currently has a strong presence in the US and India, attracting audiences from over 20 countries.
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Pocket FM logs 68% revenue growth in FY25
Economic Times
·
3m ago
Medial
Pocket FM, an audio series platform, achieved a 68% revenue growth in FY25, reaching Rs 1,768 crore, driven by its expanding content catalog and key markets like the US and India. The annual recurring revenue stands at Rs 2,000 crore. The platform, now known as Pocket Entertainment, offers diverse genres and is expanding into Europe and Latin America. With AI investments reducing costs, the company aims for further growth despite recent layoffs. Pocket FM is also exploring fresh capital opportunities.
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ElevenLabs releases a stand-alone voice-generation app | TechCrunch
TechCrunch
·
1m ago
Medial
ElevenLabs, a voice AI firm, launched a standalone mobile app for iOS and Android to generate voice clips from text. Previously accessible through a web app, the new mobile version facilitates easier, on-the-go voice creation. Users can type or paste text and select a voice to produce audio, with a free plan offering up to 10 minutes of generation. The app utilizes v3 alpha, ElevenLabs' latest text-to-speech models, and aims to enhance user experience.
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Unauthorized “David Attenborough” AI clone narrates developer’s life, goes viral
Arstechnica
·
1y ago
Medial
Replicate developer Charlie Holtz combined GPT-4 Vision and ElevenLabs voice cloning technology to create an unauthorized AI version of David Attenborough narrating Holtz's actions on camera. A Python script called "narrator" takes Holtz's webcam photos every five seconds and feeds them to GPT-4V, which generates text in Attenborough's style. This text is then fed into an ElevenLabs AI voice profile trained on Attenborough's speech. The demo video has gained popularity, although voice cloning technology raises ethical and legal concerns.
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Pocket FM raises $103 mn in Series D round from Lightspeed, Stepstone Group
Economic Times
·
1y ago
Medial
Audio entertainment platform, Pocket FM, has raised $103 million in Series D funding led by Lightspeed and Stepstone Group. The funding will support the company's expansion into the US, Europe, and LATAM markets. Pocket FM aims to strengthen its exclusive content library and provide a platform for writers to share their unique stories. With over 10 million registered users in the US, the company has achieved over $150 million in annualised revenue and plans to leverage AI to enhance user experiences and scale its content offerings.
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Pocket FM partners with MoEngage to enhance its customer engagement using data-driven insights
IndianStartupNews
·
1y ago
Medial
Pocket FM, an audio series platform, has partnered with MoEngage to enhance customer engagement using data-driven insights. MoEngage will help Pocket FM tailor communications based on different stages of a listener's journey to create more personalized experiences. MoEngage's AI-powered analytics and advanced delivery capabilities are expected to improve user experience on the platform. MoEngage offers a customer engagement platform that provides insights into customer behavior and facilitates engagement across various digital channels, serving over 1,200 global brands. Pocket FM offers long-form audio content, including shows, stories, novels, and podcasts.
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Unauthorized “David Attenborough” AI clone narrates developer’s life, goes viral
Arstechnica
·
1y ago
Medial
Replicate developer Charlie Holtz used GPT-4 Vision and ElevenLabs voice cloning technology to create an unauthorized AI version of David Attenborough. The fake Attenborough narrates Holtz's actions on camera, describing him in a wildlife documentary style. A Python script captures Holtz's webcam photos, feeds them to GPT-4V language model, and generates text in Attenborough's style which is then converted into audio using ElevenLabs AI voice profile. The demo video has gained popularity, sparking both discomfort and amusement among viewers.
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Pocket FM in Legal Crosshairs as US Contractors Sue Startup
StartupTalky
·
2m ago
Medial
Pocket FM is facing a legal battle as former US contractors accuse the company of toxic work culture, misclassification, and unfair termination. Complaints include lack of rest breaks, inadequate wages, and retaliatory dismissals. The Bengaluru-based audio platform, reliant on US revenue, acknowledges using short-term contracts but denies wrongdoing. Allegations have tarnished its reputation among creative professionals, potentially impacting future growth despite significant revenue increases from successful US expansion and microtransactions in audio series.
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Lightspeed-backed Pocket FM snags $103 mn in Series D funding
VCCircle
·
1y ago
Medial
Audio entertainment platform Pocket FM has raised $103 million in a Series D funding round led by existing investor Lightspeed Venture Partners. The funding will be used to support Pocket FM's expansion into the US market and facilitate global expansion into Europe and Latin America. Additionally, the company plans to strengthen its content library and provide a platform for writers to share their stories. Pocket FM claims to have the largest repository of exclusive audio series, with over 100,000 hours of content and more than 2,000 exclusive series across various genres and languages.
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Melania Trump calls AI ‘the future of publishing.’
The Verge
·
2m ago
Medial
Melania Trump called AI “the future of publishing,” announcing her memoir's audiobook was entirely narrated using an AI voice clone created by ElevenLabs. With over 50,000 AI-narrated books on Audible, this “new era in publishing” is already apparent, including varied content like humorously titled erotica.
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Pocket FM faces legal heat over alleged worker exploitation
Inshorts
·
2m ago
Medial
Indian audio startup, Pocket FM, is facing lawsuits from at least 11 former US contractors. They allege misclassification, unpaid wages, wrongful termination, and lack of breaks. The company denies the claims, stating contractors control their own schedules. With the US market contributing 80% of its revenue, the lawsuits could impact future growth.
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