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Apple's €1.84B fine, new AI rules in India, and the latest pre-IPO round | TechCrunch

Mar 04, 2024 - techcrunch.com
The latest episode of the Equity podcast discusses various topics including the rise of stocks and crypto, Apple's €1.84 billion fine by the EU, new AI regulations in India, and Waymo's expansion of its self-driving service. The hosts also mention a conversation with Nubank's CEO and discuss the implications of Salla's pre-IPO round.

In addition, the Indian government's new regulations requiring tech companies to seek approval before launching AI models could significantly impact the speed at which new AI products enter the market. Meanwhile, Waymo's approval to charge for its self-driving service in more markets and to do airport runs in San Francisco is eagerly anticipated by the hosts. The podcast ends with a reminder that new episodes are released every Monday, Wednesday, and Friday.

Key takeaways:

  • Stocks and crypto are experiencing a high with some indices reaching record highs and token prices on the ascent.
  • Apple has been fined €1.84 billion by the EU, a decision which it plans to appeal, while Spotify, the originator of the complaint, is celebrating the decision.
  • The Indian government has introduced new AI rules requiring tech companies to get government approval before launching AI models in the country.
  • Waymo has received approval to charge for its self-driving service in more markets and to do airport runs in San Francisco for a fee.
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