Big beef between Spotify & Apple

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Business Nerd
March 04, 2024

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3 things in business today 😎 

  1. Spotify fights back against Apple

    Spotify applauds the EU's €1.84 billion fine on Apple for unfair practices in the music streaming market. Despite Apple's promise to appeal, Spotify remains cautious, citing past defiance of laws.

    The ruling follows years of complaints by Spotify and others. The dispute centers on Apple's commission structure and restrictions on communication with customers. Spotify vows to continue fighting for a fair digital marketplace.

  2. Anthropic’s Claude 3, surpassed GPT-4 and Gemini Ultra in benchmark tests

    Anthropic, a leading AI startup, unveils new chatbot models – Claude 3 Opus, Sonnet, and Haiku. These models promise improved accuracy and less fabrication. Anthropic aims to tackle issues like hallucinations in AI-generated content.

    The company prioritizes safety and responsibility in AI development. Claude's latest versions will soon cite reference materials to enhance trustworthiness. While Anthropic's models won't generate images, they excel at tasks like image analysis and text recall.

  3. Elon Musk sues OpenAI

    Elon Musk is suing Sam Altman, OpenAI's CEO and chairman, alleging a breach of their founding agreement. He claims OpenAI shifted focus to profit-driven AI development with Microsoft, diverging from its original mission to benefit humanity.

    The lawsuit aims to restore OpenAI's commitment to open-source and non-profit AI development.

See you tomorrow!

The Business Nerd 😎