The Marked Chart Wire · Tech and AI
Dropbox
Dropbox plans to reduce staff by roughly 9 percent
The cloud storage company will trim its global headcount by approximately 9 percent.
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Nvidia
Nvidia introduces Nemotron 3.5 speech transcription model
Nvidia has released a new speech model called Nemotron 3.5 Transcribe, adding to its lineup of artificial intelligence tools.
Meta AI
META launches Waddle World virtual pet app in the Philippines
Meta released Waddle World, an AI-driven virtual pet application, to users in the Philippines. The app allows users to interact with pixel pets and journal their daily experiences.
HotChina Chips
China's CXMT to start limited HBM3E production soon
Sources say CXMT plans limited HBM3E output within two months despite yields of 20 to 30 percent, well below SK hynix's 70 percent. The move addresses AI memory shortages caused by US export restrictions.
AI Spending
Columbia professor projects AI investment to reach $10.3 trillion by 2032
Stijn Van Nieuwerburgh estimates AI spending will average 3.6 percent of US GDP annually from 2025 to 2032, exceeding the historic railroad expansion. He notes that while AI boosts growth, it also concentrates wealth and disrupts labor markets.
Quantum Computing
Shionogi wins NEDO prize for quantum drug discovery
Shionogi secured a 40 million yen prize for research showing D-Wave's quantum technology produced 97 percent chemically valid molecules, compared with 73 percent for a classical model. The study, published in July, focuses on early-stage design rather than proven drug efficacy.
Alphabet
Alphabet offers custom silicon to outside buyers
The tech giant began selling its proprietary TPU processors to external clients this year, potentially strengthening its position in the AI hardware market.
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