Spotify’s current AI bet is about being the music service that agents choose

Key points

• Spotify reported 788 million monthly active users and nearly €5 billion in revenue in its third quarter. Co-CEO Gustav Söderström told investors that AI agents could help the streaming service grow.
• He said listeners may ask an AI assistant to find music or podcasts rather than opening Spotify themselves. Spotify already works with Meta's Muse, ChatGPT and Claude.
• Söderström said Spotify uses its own systems to choose what to play, and does not send listener data to partners.