AI voice cloning has advanced significantly, enabling the creation of synthetic replicas with remarkable accuracy, with various applications in entertainment, personalized content creation, accessibility, and assistive technologies. The process involves data collection, preprocessing, feature extraction, model training, and speech synthesis, utilizing tools like VALL-E, DINO-VITS, OpenVoice, ElevenLabs, Resemble AI, Play.ht, Speechify, Synthesys AI Studio, LOVO, Wondershare Filmora, and others. However, ethical considerations, such as misuse, biometric attacks, consent, privacy violations, deepfakes, identity theft, job displacement, and legal implications like intellectual property rights, defamation, right of publicity, and privacy laws, must be prioritized to ensure responsible use. Hume AI's OCTAVE model is pushing the boundaries of voice cloning technology, with potential applications in entertainment, accessibility, content creation, customer service, and personalized advertising. Understanding the process, tools, ethical considerations, and legal implications is crucial for exploring the possibilities of voice cloning and using it responsibly and effectively.