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

Spotify co-CEO Gustav Söderström explains why the rise of AI agents could be good news for the music service.

By TechCrunch

Excerpt shared by Lazyfounder

·Excerpt
Spotify’s current AI bet is about being the music service that agents choose
Image: Image Credits:hocus-focus / Getty Images

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…

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