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Transcripts For BBCNEWS Business 20240624

time an association of creative professionals. this time, it s the recording industry association of america accused ai companies of stealing their material and have sought to stop them in court. back in april, some 200 artists, including billie eilish and nicki minaj, signed a letter calling the use of ai in the music industry predatory and saying it should be stopped. staying with artificial intelligence, shares of nvidia fell by around 7% on wall street on monday. the chip firm has lost more than $500 billion in market value since briefly overtaking microsoft as the world s most valuable company last week. nvidia has benefitted from the boom in demand for chips that train and run generative ai models, such as openai s chatgpt. european union regulators have accused apple of breaking rules designed to rein in big tech companies. the european commission, which regulates competition in the eu, said apple s app store squeezes out rival marketplaces. this marks the first time t

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