Meta and Apple have partnered to optimize Meta's Muse Spark Open AI model to run efficiently on Apple's Mac Studio with the M5 Ultra chip. This collaboration marks a thaw in relations after years of friction, with Meta releasing the model's weights openly for developers to use on desktop hardware. The partnership supports Apple's push for on-device AI, targeting professional developers despite the high cost of Mac Studio setups. While no financial terms or exclusivity were disclosed, the cooperation hints at potential future collaborations, though its impact on Meta's growth and Apple's AI strategy remains to be seen.
As of Oct 16, 2026 18:31 WIB, Apple shares trade at USD 343.41, showing a modest 0.41% gain, while Meta is priced higher at USD 740.26 with a slightly stronger 0.48% increase. Meta's stock remains closer to its 52-week high of USD 777.59 compared to its low of USD 525.72, indicating relatively strong performance. On Pluang, Apple sees more selling activity with 67% of orders to sell versus 33% to buy, contrasting with Meta's more balanced order flow at 54% sell and 46% buy.
Adams Diversified Equity Fund reported a 12.9% total return on net asset value for the first nine months of 2026, outperforming the S&P 500's 12.8% and the Morningstar U.S. Large Blend category's 11.5%. The fund's market price return was even higher ...
Nvidia, Apple, and Cisco have pledged multimillion-dollar donations to fund the renovation of President Donald Trump's White House ballroom, with Nvidia and Apple each contributing $25 million and Cisco $5 million. Other major tech companies like Ama...
Apple and Meta have partnered to allow developers to run Meta's Muse Spark Open AI model locally on Apple's high-end Mac Studio computers. This collaboration marks a rare alliance between two rivals, reflecting a shift in Silicon Valley as powerful A...
Taiwan Semiconductor Manufacturing Co. (TSMC) is struggling to meet soaring demand for advanced chips driven by the AI boom, creating intense competition for its limited manufacturing capacity. Major tech firms like Nvidia, AMD, Apple, Google, and Am...
Apple plans to introduce its initial AI features in China by December 2026 after regulatory delays, but this rollout excludes the latest Siri AI introduced in 2026. The AI features coming to China are based on the 2024 version, including tools like W...
