Eleven Labs focuses on voice technology, providing a platform that generates long-format speech in various voices and languages. This technology is designed for content creators, publishers, and media production businesses, enabling them to produce audiobooks, podcasts, and voiceovers with natural-sounding voices. Users can easily create engaging audio content that enhances storytelling. Unlike many competitors, Eleven Labs offers a versatile tool that caters to a wide range of audio needs, ensuring high-quality output. The company aims to meet the increasing demand for personalized audio experiences while maintaining a subscription-based model for steady revenue and scalability.