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I believe that Spotify Technology (SPOT, i), after the Investor Day with the confirmed vision of 1 billion listeners and $100 billion in annual revenue by 2030, is now poised for a turnaround. I think that the "Large Taste Model," with trillions of behavioral signals for user analysis for AI music recommendations, will solidify its leading market position in the long term. Fears about AI are thus exaggerated. The new deal with Universal Music Group provides additional protection against AI companies. A new add-on will be created, allowing premium...
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