According to @elevenlabsio, ElevenLabs has announced the launch of a major AI competition, inviting developers to register for submissions opening September 1st, 2025. The event offers over $1 million in free trials of cutting-edge AI tools and $150,000 in cash prizes, providing a significant opportunity for AI startups and innovators to access advanced speech and text-to-speech APIs. This competition aims to foster innovation in generative AI, attract global talent, and accelerate the adoption of AI-powered voice solutions in commercial applications. Verified details are available on the official ElevenLabs Twitter account (source: @elevenlabsio, August 11, 2025).