ElevenLabs just hit a $6.6 billion valuation—a massive leap that underscores how red-hot the AI voice tech space has become. The company's total funding now exceeds $300 million, cementing its status as one of Europe's most valuable startups.

What's striking here is the capital velocity behind AI infrastructure plays. ElevenLabs' trajectory mirrors the broader narrative: major investors are positioning heavily in AI tooling and voice synthesis, betting that these foundational technologies will power the next wave of applications across Web3, gaming, and mainstream use cases.

The European angle matters too. While crypto and AI narratives often center on US players, this shows serious capital flowing to offshore hubs, creating interesting divergence in tech valuations and innovation clusters.