Spotify Execs Bet People Will Pay for AI Music. Stock Price Plunges
“Our view is that being an AI beneficiary means winning on the cost side too.” Earlier this summer, the company rolled out a new feature called “Talk to Spotify,” allowing Premium users to interact with the platform more conversationally via a chatbot interface. “I feel like Spotify is coming alive, and you can literally start talking to it,” Söderström said. “You can literally talk to Spotify now, and you get very good answers about the music, about who played in what band, when they’re touring, what the song is about.
- ▪“Our view is that being an AI beneficiary means winning on the cost side too.” Earlier this summer, the company rolled out a new feature called “Talk to Spotify,” allowing Premium users to interact with the platform more conversationally vi
- ▪“I feel like Spotify is coming alive, and you can literally start talking to it,” Söderström said.
- ▪“You can literally talk to Spotify now, and you get very good answers about the music, about who played in what band, when they’re touring, what the song is about.
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| Publication time | Tue, 04 Aug 2026 20:55:53 +0000 |
| Retrieval time | 2026-08-04T21:00:41.558Z |
| Last seen | 2026-08-04T21:00:41.558Z |
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Spotify hit 777 million total users and 300 million paid premium subscribers in the past quarter, company executives shared in an earnings release on Tuesday, along with an AI-driven increase in expenses. Spotify has been upping its experimentation with artificial intelligence recently, banking on a slew of new AI-driven product features to continue the rise in paid subscriptions.cnx.cmd.push(function(){cnx({"playerId":"92b7b46b-43ed-4e0e-b21b-2c999302d9d7","settings":{"advertising":{"macros":{"AD_UNIT":"/23178111854/od.gizmodo.com/article","CHILD_UNIT":"article","POST_ID":"2000794327","POST_TYPE":"post","CHANNEL":"tech","SECTION":"commerce","SUBSECTION":"","CATEGORIES":"commerce","TAGS":"ai-music,spotify","NOP":"0"},"timeBeforeFirstAd":0}}}).render("cnx-player-main")}); “There is plenty…
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