AI Index / Spotify Technology S.A.
Spotify Technology S.A. (SPOT)
Spotify, a music streaming service, pioneers AI to personalize content recommendations and enhance discovery within its platform. By applying machine learning to analyze listening behavior, Spotify provides users with tailored playlists and suggestions. These personalized features support user engagement and retention, contributing to Spotify’s core subscription and advertising services.
Loading...
What I really love about this specifically is that while the reason we had previously held off on a dedicated or native Apple TV app, was that the extra development cost just wasn't worth it for us. But we were able to drastically reduce this cost by leveraging AI, where we could actually translate our general iOS application to TVOS.
- Gustav Söderström
Similar Companies in the Swift AI Index
Quotes from spotify Executives About Artificial Intelligence and Generative AI
One way to think about -- it means different things for us. For a consumer, it means a couple of things. First of all, you should expect, in general, recommendations to just get a lot better as the industry, including us, switches to what is called generative recommender systems.
- Gustav Söderström
This is interesting because this speaks to the ways that we are not truly able to use AI to quite drastically accelerate our productivity and development.
- Gustav Söderström
The beautiful thing about ChatGPT is that you can combine the power of ChatGPT to understand the world and use cases with Spotify understanding you.
- Gustav Söderström
These are using generative AI to understand much more of what the consumer is doing.
- Gustav Söderström