The Beats Studio Buds were already a decent, if cheaper, alternative to the AirPods Pro. However, the more affordable earbuds have now received a few features from the AirPods Pro with their latest software update, blurring the line between them and Apple's premium earbuds.
https://www.notebookcheck.net/The-Beats-Studio-Buds-receive-some-features-from-the-AirPods-Pro-with-a-new-software-update.596346.0.html