Spotify working on AI music tools with major record labels

Spotify collaborates with major record labels to develop AI music tools, prioritizing artists' rights and copyright. The streaming service plans to work with Sony Music, Universal Music Group, and Warner Music Group, along with other industry partners. Despite concerns about reduced streaming revenue for artists, Spotify aims to launch AI products with upfront agreements to ensure proper compensation and transparency. This move is welcomed by proponents of ethical AI development, amidst criticisms of exploitative practices in the industry.