The Marked Chart Wire · Tech and AI
AI and chips
Amazon targets $220 billion AI infrastructure investment this year
The e-commerce giant expects to direct $220 billion toward artificial intelligence infrastructure during the current calendar year.
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AI Advertising
META ad growth outpaces Google search as AI shifts digital 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.
AI and chips
Santander and Novartis say AI is boosting revenue and cutting costs
Santander, Novartis and other companies report that artificial intelligence is beginning to increase revenue, reduce costs and improve profitability as investors look for returns.
HotCXMT
Micron rival CXMT reports sevenfold sales jump
Chinese memory chip maker CXMT saw third-quarter revenue rise 613 percent year over year to about 118.7 billion yuan.
Apple AI
Apple executive defends artificial intelligence approach, prioritizes usefulness over competition
John Ternus stated Apple will add artificial intelligence only when it enhances devices, instead of adding features to match rivals. He expressed confidence in the strategy despite criticism of a slower rollout.
Meta Robotics
META develops humanoid robot prototype in robotics expansion
Meta is developing a prototype humanoid robot as part of its broader push into robotics, according to a report.
Meta Robotics
META reportedly builds humanoid robot prototype with Fourier
Meta has reportedly developed a 106-pound humanoid robot named Max with Chinese firm Fourier in three months. The company plans to use smart glasses to collect 270,000 hours of training data for AI control.
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