ElevenLabs — Image and Video (Beta)
ElevenLabs launched Image and Video in beta, expanding from audio-first to unified creative platform.
Capabilities:
- Generate images and videos using Veo, Sora, Kling, WAN, Seedance
- Bring to life with ElevenLabs voices, music, sound effects
- Lipsync for generated videos
- Composition timeline for multi-clip storytelling
- Direct export to ElevenLabs Studio
Impact: ElevenLabs is now a direct competitor to standalone video generation tools — positioned as end-to-end creative production platform.
Google Research — TurboQuant
Google Research introduced TurboQuant, a KV cache compression algorithm.
Key Claims:
- Reduces AI inference memory requirements by 6x
- No accuracy loss on benchmarks
- Targets KV cache — primary bottleneck for long context windows
Market Impact:
| Company | Stock Drop |
|---|---|
| SK Hynix | -6% |
| Samsung | -5% |
| Micron | -2% |
Investors repriced long-term demand outlook for AI memory chips.
For developers:
- Lower infrastructure costs
- Faster adoption of long-context models
- Wider hardware range support
Cohere Transcribe
Launched March 26, 2026 — open-source ASR.
- 2B parameters, Apache 2.0
- 5.42% WER — beats Whisper Large v3 (7.44%)
- Top spot on Hugging Face Open ASR Leaderboard
- 64% preference over Whisper in human evaluations
- 14 languages supported