ElevenLabs vs Stability AI

Ramp Launches in UK, Launches AI Token Spend Platform

US expense management startup Ramp has launched in the UK, its first market outside North America, following its acquisition of Swedish payments firm Billhop. Ramp, which competes with Brex, offers a unified platform for payments, corporate cards, vendor management, and automated bookkeeping. The company has onboarded UK customers since the summer, including ElevenLabs and Attio, and is highlighting its AI token spend intelligence tools. Ramp reports AI spending among its customers has grown 21 times since June 2025. It also announced a collaboration with Visa to support its UK corporate card offering.

• Ramp launched in the UK, its first market outside North America.
• Ramp acquired Swedish payment infrastructure firm Billhop earlier this year.
• Ramp raised $750 million at a valuation of $44 billion in June 2026.

ElevenLabs and Universal Music Partner for AI Song Remixing

Universal Music Group (UMG) and AI audio company ElevenLabs announced a multi-year licensing partnership to develop a platform enabling fans to create remixes, mashups, and reinterpretations of songs from Universal's catalog. The platform will feature music only from artists who actively opt in. Financial terms and a launch date were not disclosed. ElevenLabs, known for voice cloning, has faced legal challenges over voice cloning without consent, settling one case in August 2025 but still facing a class action. This is ElevenLabs' first major music label deal, while Universal has previously partnered with Udio, Klay, Spotify, and Nvidia. The initiative combines ElevenLabs' AI models with Universal's rights management and artist community, aiming to provide fair compensation to artists and songwriters.

• Universal Music Group and ElevenLabs announced a multi-year licensing partnership to develop a fan remixing platform.
• The platform will feature music from artists who actively opt in and will be separate from ElevenLabs' existing music offerings.
• ElevenLabs has a song generator and a Music API, as well as a dedicated ElevenMusic app.

Universal Music Group and ElevenLabs announce multi-year strategic agreement

Universal Music Group and ElevenLabs announce multi-year strategic agreement. Also, Ethan Tandowsky joins ElevenLabs as Chief Financial Officer, and Ashley Kramer joins as Chief Revenue Officer.