"ElevenLabs Unveils AI Tool for Instant Sound Effects"

ElevenLabs has launched a new AI-powered tool that allows users to generate sound effects and instrumental music clips through text prompts. The tool, which uses Shutterstock’s audio library for training, is available to all users with free-tier users able to generate nearly 60 sound effects per month. The tool is designed for various content creators and adheres to a strict content policy. Despite competition from companies like Google, OpenAI, and Meta, ElevenLabs aims to carve out a niche in the AI-driven sound generation space.