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ElevenLabs launches Music v2.5, its new default AI music model with download rights

ElevenLabs has released Music v2.5 as the new default model in ElevenMusic, improving audio quality with richer melodies and more natural instrument sounds across genres. Users on all plans, including Free, now own the rights to tracks they create, and can download lossless copies—five daily for Free users and 400 monthly for Pro subscribers. Tracks that reference other artists' songs are blocked from download to protect original creators.

Universal Music Group signs multi-year AI licensing deal with ElevenLabs

Universal Music Group and ElevenLabs unveiled a multi-year licensing agreement and broader partnership to build a new AI-powered music platform, separate from ElevenLabs' existing ElevenMusic tool. The unreleased platform will let fans create remixes, mashups, new track interpretations and personalized vocal experiences using catalog from participating UMG artists, who will be compensated under the deal.

Universal Music Group partners with ElevenLabs on new AI remix platform

Universal Music Group announced a multi-year licensing deal with ElevenLabs to build an AI-powered platform letting users create remixes and reinterpretations of songs from UMG's catalog. The companies say the partnership will expand over time to include additional AI products and fan experiences beyond the initial platform. This new offering will operate separately from ElevenLabs' existing Music API and ElevenMusic tools.

Microsoft cuts MAI-Transcribe-2 pricing to 10 cents per hour, undercutting rivals

Microsoft AI launched MAI-Transcribe-2, a speech-to-text model it says beats OpenAI, Google and ElevenLabs on speed, accuracy and cost, pricing it at 10 cents per audio hour—a 72% cut from the $0.36 rate it charged for its first model just five months ago. The new version supports 60 languages, up from 43, and adds built-in speaker diarization and word-level timestamps, targeting noisy real-world business audio rather than clean recordings.