ElevenLabs vs OpenAI

ElevenLabs — Application · Private · $11B valuation · 4 of 4 figures sourced  |  OpenAI — Foundation Models · Private · $852B valuation · 5 of 5 figures sourced

Relationship

Image to Video AI Conversion and ChatGPT do comparable work on image generation; both also serve buyers who need to create images and video; larger scale (private).

Assembled from the recorded fields for this pair, not hand-checked. The comparison below is read from each company’s own profile.

4 of 12 capabilitiesShared product typeLarger scale

4 of 12 capabilities — Shares image generation, speech to text, text to speech and 1 more.

Ludbee capability tags · from the product records

Shared product type — Both ship agent platform and application.

Ludbee product records

Larger scale — OpenAI: $852B valuation, against ElevenLabs's $11B valuation.

Ludbee scale figures · valuation, market cap or revenue estimate

Aligned comparison

FieldElevenLabsOpenAI
Valuation$11B$852B OpenAI has 77× more
Employees4504,500 OpenAI has 10× more
Founded20222015 7 yrs earlier
StatusPrivatePrivate match
CategoryApplicationFoundation Models
Stack layerAPI service, Agent platform, ApplicationAI agent, Agent platform, Application, Model API
HeadquartersNew York, USASan Francisco, USA

Capability overlap

Shared · 4

Image generationSpeech to textText to speechWorkflow automation

Not verified for OpenAI · 8

Audio editingCustomer supportImage editingMusic generationTranslationVideo generationVoice agentVoice conversion

Recorded for ElevenLabs. OpenAI’s product records say nothing either way — a missing record is not a missing capability.

Not verified for ElevenLabs · 13

Agent orchestrationAgentic codingCode generationCode reviewData analysisData securityDocument extractionEvaluation and observabilityPresentation generationSummarizationText generationThreat detection and responseSearch answers

Recorded for OpenAI. ElevenLabs’s product records say nothing either way — a missing record is not a missing capability.

Products, side by side

Algorithmic pairing — assembled from recorded fields, not hand-checked

ElevenLabs

Application

AI Voice ChangerApplication

Real-time and file-based voice conversion tool that changes a recorded voice while preserving its original performance.

Ads EngineApplication

Localizes and refreshes advertising creative across 50+ languages, with audio dubbing, image adaptation and text translation for Google Ads and Meta Ads.

DubbingApplication

Audio-to-audio dubbing across 90+ languages and accents that conditions on source performance (not a transcript) to preserve emotion and tone, with voice cloning.

ElevenCreativeApplication

AI-native creative workspace unifying voice, music, sound-effect, image and video generation with dubbing/localization, editable in a browser Studio.

ElevenCreative FlowsApplication

Chains image, video, voice and SFX generation into automated visual flows to create unlimited campaign variations from one template.

ElevenLabs Voice CloningApplication

Instant and Professional voice cloning (IVC/PVC) that creates a synthetic replica of a speaker's voice.

ElevenMusicApplication

Music generation, remixing and creation product ("Listen, remix, and create tracks"), built on the Music v2 engine, targeted at independent musicians.

Image to Video AI ConversionApplication

Creates videos from images and integrates AI voice, using a credit-based system.

StudioApplication

End-to-end workflow for producing audiobooks, podcasts and narrated videos, integrating Voice Library, Voice Design, Professional Voice Cloning and Eleven Music.

Text to Sound EffectsApplication

Generates sound effects from text prompts, with royalty-free commercial usage rights on paid plans.

Voice DesignApplication

Generates customized synthetic voices from text descriptions, powered by the Text to Speech v3 model.

Voice IsolatorApplication

Removes background noise, isolates vocals and removes music from audio or video recordings.

Agent platform

ElevenLabs AgentsAgent platform

Builds and runs voice AND chat agents that handle customer conversations over the phone, on the web and in chat, with enterprise integrations into CRM, payment and calendar systems.

OpenAI

Application

ChatGPTApplication

Assistant for chat, web search, file analysis and image generation, used in the browser and in desktop and mobile apps; developers can build custom in-chat apps for it via the Apps SDK, built on the Model Context Protocol.

ChatGPT AtlasApplication

OpenAI's agentic web browser. Deprecated on 9 August 2026, with its browser-based agentic capabilities moved into ChatGPT and Codex.

ChatGPT GovApplication

A version of ChatGPT that US government agencies deploy in their own Microsoft Azure commercial or Azure Government cloud, so the agency manages its own security, privacy and compliance.

ChatGPT for ExcelApplication

ChatGPT in the Excel ribbon: builds and edits spreadsheets, formulas and formatting from plain-language requests, answers questions about what is in the workbook, and asks permission before changing it. OpenAI's own page bundles this with a separate ChatGPT for Google Sheets add-in; this record covers the Excel add-in only.

ChatGPT for PowerPointApplication

ChatGPT in the PowerPoint ribbon: creates new slides, rewrites and restructures an existing deck, and turns notes, documents or spreadsheets into presentation-ready content while keeping the output editable in PowerPoint.

ChatGPT for WordApplication

ChatGPT in a Microsoft Word sidebar: drafts, revises and reorganizes the open document from notes or pasted source text, pulling in context from connected apps like Outlook, SharePoint, Google Workspace and Dropbox.

SoraApplication

OpenAI's text-to-video product. The web and app experiences were discontinued on 26 April 2026; the API will be discontinued on 24 September 2026.

Agent platform

OpenAI DaybreakAgent platform

OpenAI's cybersecurity offering, bringing together frontier cyber models, Codex Security and partner workflows to find, validate and fix vulnerabilities, with an access-gated Daybreak Red tier for authorised vulnerability research and red teaming.

OpenAI FrontierAgent platform

Enterprise platform for connecting AI agents to systems of record and running them under enterprise identity, access and observability controls.

No counterpart

ElevenLabs sells these in a stack layer with no product recorded for OpenAI yet — nothing on the other side to compare them against.

API service

ElevenAPIAPI service

Unified programmatic API for ElevenLabs' audio AI models (speech, voice, music, sound effects, dubbing, transcription), billed per usage from the shared credit pool.

ElevenLabs Text to SpeechAPI service

Generates speech from text in a range of voices and languages, in the browser and through an API.

ScribeAPI service

Transcribes audio to text with speaker labels and word-level timings.

OpenAI sells these in a stack layer with no product recorded for ElevenLabs yet — nothing on the other side to compare them against.

AI agent

CodexAI agent

Coding agent that reads, edits and runs a codebase from the terminal, an IDE extension and the ChatGPT web app.

Model API

OpenAI APIModel API

Hosted API for OpenAI's text, image, audio and embedding models, billed per token.