Jamie Foxx, Squid Game Creator Invest in AI Startup ElevenLabs

Artificial intelligence developer ElevenLabs has brought on a wave of new investors including BlackRock Inc., Nvidia Corp., actors Jamie Foxx and Eva Longoria, and Hwang Dong-hyuk, the creator of the hit series Squid Game.

New investors joined an earlier Series D financing round that valued ElevenLabs at $11 billion, the company said in a blog post on Tuesday. The startup has now raised more than $550 million.