Spotify reported third-quarter results with 788 million monthly active users and revenue of nearly €5 billion. Co-CEO Gustav Söderström said on the earnings call that Spotify is among the few companies positioned to thrive in the agentic age, aiming to become the go-to media service for AI agents. The company has integrated with Meta's Muse, ChatGPT, and Claude, and has observed high adoption within these agents.
Spotify on Wednesday launched Taste Profile for U.S. Premium subscribers, allowing users to see how the platform interprets their music and audio preferences and to adjust recommendations with natural-language commands. Powered by Spotify's AI, the feature was unveiled at SXSW in March by co-CEO Gustav Söderström and initially tested in New Zealand.
404 Media has published a report revealing that scammers are using generative AI to create low-quality songs and exploit distribution loopholes to insert them into real artists' catalogs on Spotify and other platforms, collecting royalty revenue. The practice is especially damaging to small and deceased artists, with Spotify confirming that profiles not actively managed are particularly vulnerable.
Spotify introduced Studio by Spotify Labs, its core AI strategy platform, on its 2026 Investor Day, marking its transformation from an audio player to a generat