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While running pilot tests, Spotify worked closely with such podcasters as Dax Shepard, Monica Padman, Lex Fridman, Bill Simmons, and Steven Bartlett to generate AI-powered voice translations in several languages. Audio streaming giant Spotify Technology SA has announced testing its new AI-powered feature. Backed by OpenAI’s newly revealed automatic speech recognition (ASR) system Whisper, Spotify’s Voice Translation
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In addition to the series of layoffs, Spotify was forced to cancel 11 original podcasts from its in-house studios including ‘How to Save a Planet’, ‘Crime Show’, and ‘Medical Murders’. Music streaming platform Spotify Technology SA (NYSE: SPOT) has announced plans to cut its workforce by 2% leaving up to 200 employees
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The integration of Spotify with NFT projects including Moonbirds has helped its stock rally more than 80 percent YTD. The Moonbirds (MOONBIRD), an Ethereum ERC-721 NFT token with a total supply of 10k units, has announced a strategic partnership with Spotify Technology S.A (NYSE: SPOT) to enable the NFT holders to
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The battle between the music industry and artificial intelligence (AI) continues as reports claim Spotify is taking down AI-generated music. A Financial Times (FT) report revealed that the music streaming platform had removed 7% of songs created by the AI music startup Boomy, amounting to “tens of thousands” of songs. Spotify is also
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Spotify carries out a series of tests like the new token-enabled music playlists to explore how to offer better user experience to customers. Spotify (NYSE: SPOT), Swedish audio streaming and media services provider, has rolled out a new service called the “token-enabled playlists.” The new service is currently being tested, and
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The NFT-linked feature is currently only available for Android users in the U.S., U.K., Germany, Australia and New Zealand. Source
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Following its October headcount reduction, Swedish streaming giant Spotify looks to another layoff round to remain profitable.According to reports, music streaming giant Spotify (NYSE: SPOT) is planning a staff layoff this week. The latest Spotify layoff comes amid the sustained economic slowdown and follows last October’s headcount reduction. At a 2022 investors’
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