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Spotify targets 1 billion listeners by 2030

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Spotify has its eyes on 1 billion listeners by 2030, as concerns grow about the brand’s profitability

Spotify investors are raising concerns about the audio market’s opporunities.

The company is seeking to expand globally, and is looking at audiobooks, education, sports and news.

The company is seeking to become a business 10 times its current size, and generate U.S. $100 billion in revenue with a 40 per cent gross margin annually.

Chief Executive Daniel Ek is seeking to combat the notion of Spotify being a “bad business”.

“That’s why we’re investing so aggressively in building not only a bigger but, we’re thinking, a much more profitable business.”

DANIEL EK, SPOTIFY CHEIF EXECUTIVE

The company says it will go after the audiobook market as it has pursued podcasts. Spotify has also previously sought to tackle false information, after the Joe Rogan scandal.

The stock’s price was up nearly 6 per cent in trading on Wednesday.

Tech

Apple’s AI wearable push: Cameras, speakers and a 2027 vision

Apple is developing an AI-powered wearable device, aiming for a launch of 20 million units in the growing AI market.

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Apple is developing an AI-powered wearable device, aiming for a launch of 20 million units in the growing AI market.


Apple is reportedly developing an AI-powered wearable device equipped with cameras and speakers, signalling its next major move into artificial intelligence-driven hardware.

While still in early development, the company is said to be planning a launch scale of up to 20 million units.

This move places Apple squarely into the fast-growing AI wearable market, where tech giants are racing to define what hands-free, AI-first devices will look like. Rather than rushing to market, Apple appears to be taking a measured approach by embedding AI capabilities into its existing ecosystem.

Reports suggest Apple is also experimenting with camera-equipped AirPods and smart glasses, with a potential launch timeline around 2027. If successful, these devices could reshape how users interact with AI in everyday life.

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#Apple #AIWearables #AppleAI #TechNews #SmartGlasses #AirPods #FutureTech #Ticker


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AI spending in 2026: Why investment is compounding, not just cyclical

As 2026 begins, AI investment debates rise; real revenue growth signals pivotal changes for tech adoption and future trends.

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As 2026 begins, AI investment debates rise; real revenue growth signals pivotal changes for tech adoption and future trends.


As we kick off 2026, the debate around AI spending is heating up. Skeptics warn of cyclical hype, but new evidence suggests that AI investment is delivering real revenue and gaining traction across enterprises. Brad Gastwirth from Circular Technologies breaks down why this year could be pivotal for AI adoption.

We dive into how AI spending today compares to previous tech booms, the impact of circular funding models, and why enterprise and sovereign demand are driving durable growth. Brad explains the compounding effect of AI investment and what it means for future technological development.

Finally, we explore the race toward AGI and ASI and the broader implications for the tech landscape. From skeptics to believers, understanding these trends is key for investors, businesses, and tech enthusiasts alike.

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#AIInvestment #TechTrends2026 #ArtificialIntelligence #EnterpriseAI #FutureTech #AGI #TechBoom #CircularFunding


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TSMC posts record profits on AI chip boom

TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.

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TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.

Taiwan Semiconductor Manufacturing Company (TSMC) has posted a record net profit for the fourth quarter, driven by strong demand for advanced chips.

Net profit surged 35% year-on-year, exceeding analyst expectations and signalling a dominant position in the semiconductor market.

Quarterly revenue also rose 20.5% compared to last year, supported by robust sales in AI and high-performance computing segments. The company’s success reflects the growing global appetite for cutting-edge semiconductor technology.

Looking ahead, TSMC plans to ramp up capital expenditure, projecting investments of up to $56 billion in 2026. The positive results have sparked an upbeat reaction across global markets, highlighting TSMC’s influence in the tech sector.

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#TSMC #Semiconductors #AIChips #TechNews #HighPerformanceComputing #StockMarket #QuarterlyEarnings #TechInvesting


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