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Top stories today:
- Anthropic launches Claude 3, outperforming GPT-4, Gemini Ultra
- Apple fined ā¬1.84B by EU for App Store practices
- Macbook Air gets M3 chip, support for 2 monitors
- Bitcoin briefly tops 68K, nearing all-time record of 69K
- China announces 2024 targets: 5% GDP growth, 3% CPI
- Bezos surpasses Elon as worldās #1 richest, as Tesla stock -7%
- China smartphone sales -7% YoY, with Apple overtaken by Vivo
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Anthropic launches Claude 3, with better testing scores than GPT-4, Gemini Ultra
200K context window as the default, but devs can request access to a 1M context window model, as they can for Googleās Gemini.
Claude 3 Opus, its strongest version, has its API costing 2.5x more than GPT-4 Turbo, while Claude 3 Haiku costs similarly to GPT-3.5
Our view: LLM performance may be plateauing with current techniques
Anthropicās and Googleās latest models only slightly beat OpenAIās on some metrics. Weāre not seeing anything revolutionary.
GPT-4 was launched on Mar. 14, 2023, and likely created ~6 months prior, before undergoing testing.
OpenAI soon after announced "Read Aloud" on ChatGPT's app
A marginal feature:
2. Apple fined ā¬1.84B by EU for alleged anti-competitive App Store practices
It is one the 3rd largest fines the EU has ever given to a tech company under existing rules:
EU says Apple restricted Spotify and others from informing users of payment options.
Fine equals 0.5% of Apple's revenue, including a ā¬40M base penalty and a ā¬1.8B deterrent.
Apple to appeal decision, saying āno evidence of consumer harmā and āno evidence of anti-competitive behavior.ā
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4. Macbook Air gets M3 chip, support for 2 monitors
