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Spotify cranks up AI push with Universal Music deal, lays out bold growth targets
May 21 : Spotify on Thursday laid out an ambitious roadmap to drive growth and profitability through the end of the decade, doubling down with AI-powered features to boost user engagement and partnering with Universal Music, sending shares up 13 per cent.The Swedish audio-streaming giant unveiled a slate of n
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thenextweb.com
Spotify and Universal sign licensing deal for AI covers and remixes
Spotify Premium users will be able to generate AI covers and remixes of UMG songs under a new licensing deal. Financial terms were not disclosed.
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cnbc.com
Spotify soars 13% after announcing AI music deal with UMG, guidance
Spotify, which is holding its first investor day in four years, is now under the direction of co-CEOs Gustav Söderström and Alex Norström.
