Spotify’s current AI bet is about being the music service that agents choose

Source: press TechCrunch•

Spotify’s current AI bet is about being the music service that agents choose

Spotify had a strong [[L1]]third quarter[[/L1]], reaching 788 million monthly active users and generating nearly €5 billion (around $5.6 billion USD) in revenue. But the more interesting takeaway from its earnings call was how the company sees people listening to music in the future, and why the…

Spotify had a strong third quarter, reaching 788 million monthly active users and generating nearly €5 billion (around $5.6 billion USD) in revenue. But the more interesting takeaway from its earnings call was how the company sees people listening to music in the future, and why the rise of AI agents could be good news for its business.

Co-CEO Gustav Söderström thinks the music streaming giant is particularly well-suited to this shift.

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