Poland Invests $11 Million in ElevenLabs to Build European AI Hub
Updated
Updated · Bloomberg · Jun 17
Poland Invests $11 Million in ElevenLabs to Build European AI Hub
1 articles · Updated · Bloomberg · Jun 17
Summary
$11 million from Vinci SA, the investment vehicle run by state development bank BGK, gave Poland a stake in AI voice startup ElevenLabs, announced at a Warsaw news conference on Wednesday.
The investment is part of AI Lab Poland, a government initiative designed to build a national tech ecosystem and position the country as a major European AI hub.
Poland is tying that push to economic strategy, with the administration seeking new growth drivers for its roughly $1 trillion economy.