Spotify to Use AI to Personalize Experiences, Summarize Podcasts, and Generate Ads

Exciting news from Spotify's CEO Daniel Ek! During the second-quarter earnings call, he shared how AI will power new features on the platform. Personalized experiences, podcast summaries, and AI-generated ads are on the horizon! 

The DJ feature, loved by many, is just the beginning. Ek is enthusiastic about contextualizing and personalizing content across Spotify, making it more accessible to users.

Leveraging generative AI, Spotify plans to summarize podcasts, making it easier for you to dive into new shows. Merchandising new podcasts can lead to higher engagement and growth for creators. 

AI-generated audio ads are coming to Spotify! With generative AI, advertisers can create thousands of ad variations, reducing costs and boosting creativity. A game-changer for advertising on the platform! 

Spotify's patent for "text-to-speech synthesis" reveals the company's ambitions to create realistic human-like speech with emotions and intentions. This technology could revolutionize audio narration and more. 

Investing in AI voice technology, Spotify acquired Sonantic to power its AI DJ feature. Realistic-sounding human voices bring a unique touch to the curated music experience. 

Spotify continues to grow with 220 million subscribers worldwide, but a price hike for premium plans was also announced. Exciting times ahead as AI transforms the streaming service!