- Reuters
Google-backed Anthropic releases Claude chatbot across Europe
Artificial intelligence startup Anthropic, which is backed by Alphabet's Google and Amazon.com, said it would release its generative AI chatbot Claude across Europe on Tuesday. Anthropic's Claude is a direct competitor to Microsoft-backed OpenAI's ChatGPT, the chatbot that broke records when it reached 100 million monthly active users just two months after launch. While the Claude chatbot was already freely available online in a number of countries, this is the first time it has been made available via the web and iPhones across the European Union, as well as a handful of non-EU countries in Europe such as Switzerland and Iceland.
- Reuters
UPDATE 2-Rumble sues Google over digital advertising practices
Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and sought damages in excess of $1 billion. The suit alleges Google has monopolized the ad stack "by buying companies up and down the chain, concurrently representing both ad buyers and sellers, while also running the exchange that connects those parties." Rumble has accused Google of maintaining its monopoly by reaching an agreement with Meta's Facebook to prevent Facebook from offering alternatives to Google's ad tech ecosystem.
- Benzinga
PayPal Is Holding Its Ground Amid Clash Of Digital Payment Titans
In recent years, PayPal Holdings Inc (NASDAQ: PYPL) has been struggling as Big Tech titans, Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) expanded its footprint in digital payments. Even Robinhood (NASDAQ: HOOD) is entering the credit card arena. The Robinhood Gold Card pitch is impressive, to say the least, and promises to give both Apple and PayPal a headache. But at the end of April, PayPal showed it is determined to reignite the growth story of its brand offferings
