icnlive

Menu

ICN.live

Khaled Darwish

Make us preferred on Google

  • 3 min read
  • ElevenLabs welcomes BlackRock, Wellington, NVIDIA, and Jamie Foxx in its Series D funding round.
  • The voice AI startup crossed $500 million in annual recurring revenue during early 2026.
  • Enterprise AI agents now power customer support, sales, and marketing operations for major corporations.
  • Conversational AI platform expansion brings retail investors access through Robinhood Ventures for the first time.

ElevenLabs has announced its new investors after closing a $500 million Series D funding round. The voice AI startup welcomes BlackRock, Wellington, D.E. Shaw, and Schroders as institutional backers. Enterprise giants like NVIDIA and Santander joined the round through their corporate strategic venture arms. Hollywood stars Jamie Foxx, Eva Longoria, and Squid Game creator Hwang Dong-hyuk also added their names. For readers tracking AI investments, this round signals strong confidence in conversational AI platform growth.

Institutional backing reaches a new high

BlackRock and Wellington bring deep capital expertise to a fast-growing voice AI startup ecosystem. The company ended 2025 with $350 million in annual recurring revenue from enterprise clients. By April 2026, ElevenLabs had surpassed $500 million in annual recurring revenue across its product lines. Rob Mazzoni from Wellington Management said voice AI will become foundational for global business communication. His firm sees ElevenLabs leading the category as enterprises adopt human-like AI agents at scale.

Many enterprise clients now back the company financially through their corporate strategic investment arms. NVIDIA, Salesforce, KPN, and Deutsche Telekom rely on the platform for customer interactions daily. ElevenLabs has announced its new investors right after expanding deals with these enterprise customers. Deutsche Telekom uses the platform to power support agents and produce marketing videos for customers. The German telecom giant invested through T.Capital, its strategic investment arm, during the latest round. Karine Peters from T. Capital said voice carries the highest stakes in any customer interaction channel.

Why has ElevenLabs announced its new investors at this moment

You see strong momentum because enterprises now deploy enterprise AI agents across multiple business functions. Customer support, sales, hiring, and marketing operations all benefit from AI voice technology platforms. From my standpoint, this third Series D close shows institutional belief in conversational AI economics. The voice AI startup grew from $350 million ARR to over $500 million in four months. Such rapid growth attracts capital because enterprise contracts produce stable recurring income for the platform.

ElevenLabs has announced its new investors alongside a fresh push into retail and creative communities. Eva Longoria, an actor and producer, joined the round as part of a creative talent group. More than 30 actors, musicians, athletes, and entertainment executives invested for the first time. Longoria said her investment reflects support for a company building tools with creatives in mind. Matthew McConaughey, an existing investor, keeps backing the AI voice technology platform with new capital.

ANOTHER MUST-READ ON ICN.LIVE: China Blocks Meta Manus Acquisition in Major US-China Tech War Move

What comes next for the voice AI startup

Robinhood Ventures opens retail access for everyday users to own a stake in the company. ElevenLabs has announced its new investors at a time when enterprise AI agents shape business communication. Your business benefits when AI sounds natural across phone calls, video content, and chat windows. The platform now serves 530 employees across more than 50 countries around the world. Mati Staniszewski, the co-founder, said systems sounding robotic will not gain widespread customer trust. Funding will support new tools combining image, video, and audio generation for marketing teams. Plans include voice agents handling email, chat, and live calls across many client industries. Your decision to back conversational AI platforms now will pay off as adoption grows. The company builds toward natural human-like communication for every business audience worldwide each day.

TAGS
  • AI, AI Tools, Artificial Intelligence, Business, ElevenLabs, Investments

EXPLORE MORE ON:

TechCapitalPoliticsBankingHealth
Claude Opus 4.8 AI model
Artificial Intelligence

Anthropic Claude Opus 4.8 AI model brings stronger agentic coding gains

Claude Opus 4.8 AI model arrives as Anthropic pushes its flagship system toward harder engineering work. The company...
By Richard Maximilian3 min read
Microsoft - OpenAI Amended Agreement Now
Partnership

Microsoft – OpenAI Amended Agreement Reshapes Cloud and AI Power Balance

Microsoft – OpenAI amended agreement signals a sharp turn in one of tech’s most-watched corporate partnerships. Microsoft confirmed...
By Adnan Al-Jaziri3 min read
Google Invests in Anthropic AI
Investments

Google Invests in Anthropic AI With Up to $40 Billion in New Deal

Google invests in Anthropic AI with a fresh commitment of up to $40 billion in cash and cloud...
By Yousef Haddad3 min read
Saudi Arabia rethinks NEOM giga-project
  • Saudi Arabia

Saudi Arabia rethinks NEOM giga-project plans as new budget figures reveal billions set aside for cancellations. The 2026 to 2030 budget includes around $16 billion in payments to contractors, according to Semafor. These payments are tied to penalty clauses inside long-term agreements signed during years of rapid contracting. Saudi authorities now expect to spend more on cancelling work than on building it. You should watch this shift because it reshapes one of the world’s largest development plans.

NEOM sits under the Public Investment Fund, which now reviews spending across its entire portfolio. The fund once projected that the full project would cost more than $1 trillion to build. Officials have already spent $64 billion on the site, with progress focused on select areas. Visible work centres on Oxagon NEOM, the industrial city and port near the Red Sea. An $8.4 billion green hydrogen project also nears completion within this same coastal zone.

This reset gained pace after Aiman Al-Mudaifer became NEOM’s chief executive during the past year. His strategic review brought layoffs, corporate restructuring, and a fresh look at development plans on-site. Saudi Arabia rethinks NEOM giga-project priorities through tighter procurement and a clear focus on delivery.

THE COST OF SLOWING DOWN GROWS

The reported $16 billion bill shows that scaling back a project this size carries high costs. NEOM contract cancellation costs equal more than a third of the projected 2026 budget deficit. Negotiations with contractors might change the final figure, people familiar with the matter told Semafor. The Line Saudi Arabia plan has become the clearest symbol of this wider recalibration effort. Planners first presented it as a 170-kilometre linear city running from the coast inland. Its scale, cost, and timeline drew growing scrutiny as the kingdom reassessed spending priorities. Semafor reported earlier work on The Line stays delayed until after the year 2030. Officials now redirect this spending toward infrastructure carrying clearer strategic or commercial near-term value. Selected parts of the development stay fully active even during this broader financial pullback.

WHY SAUDI ARABIA RETHINKS NEOM GIGA-PROJECT SPENDING

Saudi Arabia rethinks NEOM giga-project budgets because deficits and weak foreign investment forced tighter choices. The Public Investment Fund now favours projects tied to clearer returns and national priorities. Those priorities include logistics, artificial intelligence, defence, and infrastructure for Expo 2030 and the 2034 World Cup. Oxagon NEOM gained importance as the Iran war disrupted shipping through the Strait of Hormuz. The Red Sea port now serves as an alternative route for goods moving into the Gulf. One Qatar-based firm moved cargo from Europe to Doha in 22 days using this route. NEOM still plans to spend $10.7 billion on new work, mostly tied to Oxagon and utilities.

WHAT THE RESET MEANS FOR YOU

By contrast, some tourism plans face long delays under the revised NEOM budget 2026 framework. MAGNA resorts and the Trojena mountain site wait until the next decade for fresh funding. As I see it, Saudi Arabia rethinks NEOM giga-project plans to protect long-term financial stability. You now see a kingdom balancing bold ambition against cost, liquidity, and tight delivery timelines. The shift signals discipline reaching every corner of the kingdom’s wider development programme today.

  • 3 min read
China software industry growth
  • IT sector

China’s software industry growth reached 10.9 percent over the first four months of 2026. The sector earned about 4.67 trillion yuan, nearly 689 billion US dollars, during this period. China’s Ministry of Industry and Information Technology released the official figures last month. You should track these numbers because they signal where the digital economy moves next.

Software product revenue hit around 1.05 trillion yuan, rising 8 percent year on year. These products made up 22.4 percent of the entire industry total during the window. Core software earned 59.8 billion yuan, while industrial software products reached 99.8 billion yuan. Both segments climbed 9.1 percent compared with the same four months one year earlier.

China’s IT services revenue climbed faster, reaching about 3.13 trillion yuan during the period. This category rose 12 percent and now forms 67.1 percent of all sector income. You can see services driving most of the Chinese software industry revenue right now. Cloud computing and big data China services earned 534.4 billion yuan over these four months. These services grew 12.6 percent, showing strong demand from companies across many different sectors. Integrated circuit design revenue reached 142.8 billion yuan, jumping 18.3 percent year on year. This segment posted the fastest rate among all areas the ministry reported this time.

SERVICES POWER THE SECTOR FORWARD

E-commerce platform technology services generated 363.3 billion yuan, rising 7.8 percent over the year. Your business strategy should weigh these shifts because online platforms keep gaining real momentum. Industry profits rose 2.2 percent, a slower pace than total revenue across the period. China’s software exports in 2026 figures showed strength, growing 13 percent to 20.65 billion dollars. My analysis indicates these export gains reflect rising global demand for Chinese software products. Strong service demand pushed overall China software industry growth above last year’s solid pace.

Cloud platforms, data tools, and chip design now anchor a large part of this expansion. You gain a clear picture when you read product, service, and export numbers together. Government policy keeps backing the sector through digital economy plans and steady public support. Analysts link the rise to enterprise digital shifts, cloud adoption, and demand for AI tools. These drivers should keep the China software industry growth story strong through the coming quarters. Software firms across the country now compete hard for skilled workers and new clients. Rising competition pushes companies to invest more in research and into faster product cycles. You will notice these trends shaping prices, hiring, and overall software quality over time.

CHINA SOFTWARE INDUSTRY GROWTH SIGNALS A WIDER SHIFT

Foreign clients keep seeking Chinese software services because prices stay low and quality improves. This trend supports China’s software exports in 2026 and lifts the broader trade balance. Domestic demand also stays firm as banks, factories, and retailers adopt new digital systems. Each sector now relies on cloud computing and big data China platforms for daily work. Chip design teams also gain ground as integrated circuit design revenue keeps rising fast. Your view of the market improves a lot when you watch these parts together. China’s software industry growth now sits at the center of the national tech plan. Leaders treat the sector as a core engine for jobs, exports, and future income.

  • 3 min read
UAE Government Media Office
  • UAE Media Office

UAE Government Media Office launched a practical content guideline for every federal communication team this week. The launch happened during the latest Government Communication Network meeting at Creators HQ in Dubai. Communication directors and officials from across federal entities joined the session to review new standards. Saeed Al Eter, Chairman of the office, opened the meeting with a clear national message. He told the room that the government wants communication to move as fast as the world. Al Eter said, “We are developing an advanced government communication ecosystem grounded in data and knowledge.” His goal centers on credible content reaching every segment of society across the country. People stay at the heart of every public message the office plans to publish.

Al Eter then turned to artificial intelligence and its role in shaping future media. He said clearly, “Agentic AI will define the next chapter” for the sector ahead. This approach lets teams produce real-time, high-quality content at a far larger working scale. Agentic AI government communication also helps teams counter false information before it spreads widely online. Such tools also support precise crisis response and deeper engagement with growing digital communities. Government messaging then becomes more proactive, more responsive, and more effective for the wider public.

HOW THE NEW GUIDELINE HELPS YOUR TEAM

The Government Media Content Guideline works as a practical, end-to-end framework for federal teams. Rather than broad principles, it offers concrete tools for every stage of content work. You move through planning, message development, written and visual production, and channel distribution steps. Each stage follows clear standards built around the UAE communication identity and audience needs. The UAE Government Media Office wants content reaching the audiences each team plans to move. Officials designed every standard to keep content clear, consistent, and simple for most readers. You gain one repeatable process for planning, writing, and publishing across all federal channels.

The office also organised a hands-on workshop for the communication teams attending the meeting. Participants turned the framework into live practice through real content tasks and group exercises. They built strong narratives, shaped clear messages, and adapted content for many different platforms. The workshop ran as a working space, not a lecture, for the attending teams.

UAE GOVERNMENT MEDIA OFFICE BACKS CRISIS-READY TEAMS

A dedicated session from NCEMA addressed crisis media management across the wider federal system. Speakers explained the UAE model for communication during emergencies and other high-pressure crisis moments. Good crisis media management builds public trust and limits the spread of inaccurate information. Strong communication helps institutions respond with confidence and coherence when each moment matters most.

The new framework signals a clear shift toward faster, data-driven public communication for citizens. From my standpoint, this move ties technology, standards, and trust into one practical system. You should expect government content to arrive faster and stay clearer in the coming months. The UAE Government Media Office plans steady support as these tools reach every entity. Saeed Al Eter framed the guideline and Agentic AI as the next phase together. His message places the UAE Government Media Office at the center of national communication. You can follow how each entity adopts the new guideline through future network meetings. The Government Communication Network will likely track progress and share results with all teams.

  • 3 min read
Load More News

Share this post

on your favourite social platforms

or copy the link