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The Marked Chart Wire · Tech and AI
AI and chips
Apple and Meta showed Meta's large open-weight model running on linked Mac Studios with M5 Ultra chips. The setup processes data locally, keeping information off Meta's servers.
Meta AI
Meta Platforms announced a stock split intended to help finance its artificial intelligence expenditures. The company's shares have risen 1,730 percent since its 2012 initial public offering.
Block AI
The company revealed a model that processes audio directly without text conversion. It was trained on human dialogue using a single NVIDIA hardware unit.
AI Spending
Andy Jassy notes that running artificial intelligence models costs roughly 10 times more than needed for general software adoption. The retailer plans $220 billion in 2026 spending and has locked in $225 billion in future chip deals.
Meta AI Terms
Meta moved its advertising policy update from October 30 to November 20 following complaints about AI data usage. The firm stated the pause provides extra time to explain its web-crawling methods.
AI Spending
Nvidia CEO Jensen Huang said capital demand outstrips supply for AI infrastructure, though he expects the shortage to resolve. Goldman Sachs estimates AI spending will reach $7.6 trillion from 2026 to 2031.
AI Spending
Meta's Muse product is performing well, but its success highlights broader questions about whether artificial intelligence spending delivers expected financial returns for companies.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.