LOOK: Are DRAKE And TAYLOR SWIFT Making Music Together?

Ever since Taylor Swift attended the 30th birthday bash of Drake, speculations about the two music superstars dating have been circulating the Internet.

But according to E! News, the pop star and the rapper are "not dating or hooking up". Apparently, they're working on a "very catchy" collaboration and having a great time in the studio.

We bet this will be a huge hit! But will it do better than the hit collaborations of their exes Calvin Harris and Rihanna? Can't wait to hear it!

Who's excited for the Drake-Taylor Swift song? Tell us in the comments!