Accept ‘bad things’ in return for benefits of AI, says Sam Altman
Boss of OpenAI calls for a regulatory light touch because of the ‘good stuff’ the technology can deliver Sam Altman says he believes the world should accept “bad things” happening…
That helped it make $5.5 billion in the last quarter, the company announced. Spotify has its share of problems including frequent outages and AI gunk, but subscriber growth certainly isn't one of them. In its latest earnings report, the company announced that it now has 300 million Premium subscribers, up nine percent from the same period last year. That's nearly three times more than the next largest streaming competitor, Apple Music, which is estimated to have around 100 million paid subscribers. Total monthly active users including those on the free, ad-supported tier now number 777 million, slightly under the company's forecast. All of that helped Spotify take in €4.78 billion in revenue ($5.5 billion), while earning €545 million ($628 million) in net revenue, with gross margin at an all-time high of 33.4 percent. Spotify said the boost in gross margin was driven by its gain in Premium subscribers that outpaced music, audiobook and podcast costs. The company called out new initiatives from last quarter like Reserved that gives fans exclusive early access to concert tickets, and a new feature that allows AI to generate personal podcasts for users. Not all was box seats and champ

Aug 4, 2026 → Aug 11, 2026
The streaming service has faced an onslaught of AI-generated music. Spotify announced that it will begin labeling certain artist accounts that aren't real people. The new AI Persona badge will add a level of transparency to music profiles…
Read original at Engadget →3 updates from 2 sources over 7 days.
The streaming service has faced an onslaught of AI-generated music. Spotify announced that it will begin labeling certain artist accounts that aren't real people. The new AI Persona badge will add a level of…
Read original at Engadget →Tech > Services & Software > Streaming Services Stamped on artist profiles, it'll help listeners figure out who's an AI musician, and who isn't. Music fans who are seeking to pin down AI artists versus human creatives…
Read original at CNET →That helped it make $5.5 billion in the last quarter, the company announced. Spotify has its share of problems including frequent outages and AI gunk, but subscriber growth certainly isn't one of them. In its latest…
Read original at Engadget →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
The streaming service has faced an onslaught of AI-generated music. Spotify announced that it will begin labeling certain artist accounts that aren't real people. The new AI Persona badge will add a level of transparency to music profiles…
View source →Tech > Services & Software > Streaming Services Stamped on artist profiles, it'll help listeners figure out who's an AI musician, and who isn't. Music fans who are seeking to pin down AI artists versus human cr
View source →That helped it make $5.5 billion in the last quarter, the company announced. Spotify has its share of problems including frequent outages and AI gunk, but subscriber growth certainly isn't one of them. In its latest earnings report, the…
View source →Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary
Boss of OpenAI calls for a regulatory light touch because of the ‘good stuff’ the technology can deliver Sam Altman says he believes the world should accept “bad things” happening…
Instinct is launching group chats that let friends use its AI agent together for tasks like planning trips, organizing carpools, and coordinating events. The company says personal…
AMD’s Lisa Su said chip demand is running ahead of supply and will stay very high for years, and urged the AI industry to work together as an ecosystem on safety rather than…
Unions, employer groups, banks and industry experts will appear at the four-day hearings along with OpenAI, Anthropic, Microsoft and Google Get our new political email, free app…
Pimco Economist Tiffany Wilding discusses findings of the firm’s annual cyclical outlook. The report points to the key buffers for the US economy, booming investment in AI, the…
University of Washington professor Emily Bender argues the AI safety debate is too focused on hypothetical existential threats while overlooking harms already happening today. She…