Spotify is one of the latest companies to tap Artificial Intelligence in an effort to boost user experience on its platform.
The music streaming service is set to roll out an AI DJ option. The feature, which was launched by OpenAI, the same company behind the chatbot ChatGPT, attempts to learn your music tastes and curate a better listening experience over time.
"The DJ is a personalized AI guide that knows you and your music taste so well that it can choose what to play for you," Spotify posted. "It will sort through the latest music and look back at some of your old favorites — maybe even resurfacing that song you haven't listened to for years. It will then review what you might enjoy and deliver a stream of songs picked just for you."
If presented with songs that you don't like, a tap of a button will move along to the next one all while the AI learns your preferences. Spotify stated that this tech will help expand its music expert insiders' "innate knowledge in ways never before possible."
The feature is currently in beta testing and only available to streamers in the U.S. and Canada who have the premium service.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
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