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The Marked Chart Wire · Tech and AI
AI Spending
Bill Ackman stated in his Q3 letter that the trillion-dollar AI investments by Microsoft, Amazon, and Meta are offensive rather than defensive.
Part of a series: AI Spending: the latest, in order
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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 Shopping
Meta's new artificial intelligence tool for shopping is reportedly challenging Amazon's dominant position in the lucrative digital advertising market.
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.
Meta Robotics
Meta is developing a prototype humanoid robot as part of its broader push into robotics, according to a report.
Meta Robotics
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.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.