12 AI Updates Worth Taking a Look At

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2. Spotify Technology S.A. (NYSE:SPOT)

Number of Hedge Fund Holders: 101

Spotify Technology S.A. (NYSE:SPOT) provides global audio streaming services through paid subscriptions and an ad-supported model.

On February 20, Spotify announced that it is now accepting audiobooks created with ElevenLabs, an AI-powered voice narration platform, making it easier for authors to produce and distribute their work. ElevenLabs offers narration in 29 languages with customizable voice and intonation. Authors can upload their completed audiobooks to Findaway Voices, which will handle distribution to Spotify and select other retailers. Digitally narrated titles will be clearly labeled for listeners, ensuring transparency about AI-generated narration.

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