TITLE: Tighter inequality than Cauchy - Schwarz inequality
QUESTION [11 upvotes]: I just learned today that there can be a tighter result than AM-GM (Arithmetic Mean - Geometric Mean) inequality. In particular:

Let $a, b > 0$ then
\begin{equation}
\label{1}\tag{1}
\dfrac{a+b}{2} - \sqrt{ab} \geq \dfrac{1}{16 \max \left\lbrace a , b \right\rbrace} \left( a - b \right) ^{2} .
\end{equation}

When the RHS of \eqref{1} is $0$ then we get the classical AM-GM inequality. This result is obviously better since this RHS could be greater than $0$ in general.
I wonder if we can get some similar result for Cauchy - Schwarz inequality. For example, just a particular case, is there some $\mathcal{E} \geq 0$ such that
\begin{equation}
\left( a + b \right) ^{2} \leq 2 \left( a^{2} + b^{2} \right) - \mathcal{E} .
\end{equation}

REPLY [3 votes]: I think you mean $\mathcal{E}\geq0$, otherwise $a=b$ will give a counterexample.
For example:
$$2(a^2+b^2)-\frac{(a-b)^4}{a^2+b^2}\geq(a+b)^2.$$
For three variables we have the following stronger than C-S inequality.

Let $a$, $b$ and $c$ be positive numbers. Prove that:
  $$3(a^2+b^2+c^2)-(a+b+c)^2\geq\frac{25(a-b)^2(a-c)^2(b-c)^2}{a^4+b^4+c^4}.$$

If we'll change $25$ on $26$ we'll get a wrong inequality.