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.
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Location: LU
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Market Cap: $133.4B
link
https://www.spotify.com
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Internal tooling and AI systems we've been building over the past few years combined with new ways of working across teams are now enabling us to execute faster and smarter.
- Daniel Ek
Quotes from spotify Executives About Artificial Intelligence and Generative AI
AI is really the next step in the evolution of that, where machine learning allowed personalization AI also allows for real-time interactivity and reasoning on top of your data.
- Gustav Soderstrom
...we're using more and more AI tools that increase targeting and efficiency. So I think that's a more general trend than a Spotify Technology S.A. specific trend, though.
- Daniel Ek
...our staff is usually very excited about all new technology, and they're usually way ahead of the curve... The real job for me and us as managers is to enable them to use AI by signing the right tools, removing legal blockers around data usage, exposing the right dataset...
- Gustav Soderstrom
...using AI being used in...product development cycles specifically in prototyping of new experiences that move much more quickly with higher fidelity...
- Gustav Soderstrom