Tech Brew Ride Home Tue. 10/31 – The New M3 Chips And Macs
Oct 31, 2023
The latest Apple event unveiled the powerful new M3 chips, setting the stage for innovative Mac models. Elon Musk's social media platform X has faced a staggering drop in valuation, stirring up discussions among investors. Meanwhile, Nvidia's chip orders in China hang in the balance due to new U.S. regulations. On the AI front, artists are battling copyright issues, and experts argue that tech giants are exaggerating AI risks to sway regulatory frameworks. The competition within AI raises concerns about monopolies and the future of open-source development.
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M3 Chip Details and Performance Questions
- Apple's new M3 chips are the first 3-nanometer chips in personal computers, boasting faster performance and efficiency cores.
- However, the M3 Pro has less memory bandwidth than the M1/M2 Pro and fewer performance cores, raising questions about real-world performance gains.
NVIDIA's China Chip Orders in Jeopardy
- New US export controls may force NVIDIA to cancel over $5 billion in chip orders from China.
- Major Chinese tech companies like Alibaba, ByteDance, and Baidu had placed large orders for next year.
X's Valuation Plummets
- X (formerly Twitter) is now valued at $19 billion, a significant drop from the $44 billion Elon Musk paid a year ago.
- Employee stock grants reflect this devaluation, offered at $45 per share compared to Musk's purchase price of $54.20.