Spotify (NYSE: SPOT) was featured in a recent analysis report that discussed the company’s consumer-centric approach and technological advancements. “Today, it’s more than evident that AI is not just a trend but a game-changer in various industries. One such industry player making waves with AI is Spotify. The music streaming giant is diving deep into the world of AI… Here’s a deep dive highlighting four ways Spotify is harnessing the power of AI: Breaking language barriers with podcasts; DJ – your personal AI music guide; revolutionizing audio ads with AI; and the future of audiobooks – AI narration,” reads the report, written by LikeFolio Founder Andy Swan. “With its consumer-centric approach and technological advancements, we believe Spotify’s growth trajectory is just getting started. The AI-driven innovation might just be the tune that keeps its stock dancing to new highs.”
About Spotify Technology S.A.
Spotify is a Swedish audio streaming and media services provider founded in April 2006 by Daniel Ek and Martin Lorentzon. It is one of the largest music streaming service providers, with over 574 million monthly active users, including 226 million paying subscribers, as of September 2023. Spotify is listed (through a Luxembourg City-domiciled holding company, Spotify Technology S.A.) on the New York Stock Exchange in the form of American depositary receipts.
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