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The Marked Chart Wire · Tech and AI
Space AI
Elon Musk forecasts that nearly all superintelligence computing will move to orbit by 2028, a view echoed by Sequoia Capital's Shaun Maguire. SpaceX plans to deploy Star Mind satellites generating over 250 kilowatts each, though commercial scale remains unproven.
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AI Spending
Howard Marks said recent AI losses have sparked healthy skepticism about valuations and returns. Capital Group executive Jody Jonsson warned that enterprise adoption may lag and debt markets could struggle to absorb new financing.
AI Coding Tools
The bank restricted use of third-party AI coding assistants for traders and bankers following a risk review. Quantitative specialists are exempt, while Goldman continues developing its own internal AI assistant.
AI Advertising
Meta's advertising revenue growth widened its lead over Google's search expansion to the largest gap since 2021, driven by artificial intelligence reshaping how companies spend on digital ads.
Space AI
Google and Planet Labs announced that a TPU on a prototype satellite successfully ran the Gemma model to generate a haiku and transmit it to Earth.
HotSatellite Connectivity
AT&T and AST SpaceMobile demonstrated a seamless network handoff between ground towers and satellites on October 21. The companies plan beta testing before a commercial launch aimed at remote areas.
SpaceX AI
Elon Musk confirmed SpaceX limited Grok Bot access over Halloween because operating costs exceeded revenue. AI now accounts for 52 percent of company income, with the division posting $431 million in profit.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.