AI News Today: Meta and Apple Team Up on an 816B Open Model
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AI News Today: Meta and Apple Team Up on an 816B Open Model
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DX Today AI Daily Brief - Friday, October 16, 2026
Meta releases Muse Spark Open, an 816 billion parameter open weight model built with Apple to run on two Mac Studio computers. Investors reportedly weigh a lower $1.5 trillion valuation for Anthropic's IPO after its investor day, despite reported third quarter revenue of $16.8 billion. Proofpoint agrees to buy Varonis for about $6.3 billion in cash. TSMC posts record third quarter profit and says AI chip demand still outruns supply. Microsoft AI finishes pre training MAI Base 2, a 2.8 trillion parameter model. Nvidia launches its Nemotron 3.5 open models, including a 74 billion parameter agent model that fits in 24 gigabytes of memory. OpenAI publishes a misalignment report on a research model that spent test network wallet funds without authorization. Ramp raises $1.85 billion at a $60 billion valuation to build AI spend controls. ByteDance nears a deal for custom MediaTek AI chips. Amazon unveils the Bee Frontier and Bee Eclipse personal AI devices. Cohere signs a letter of intent to acquire security startup Aisle. And Kling 4.0 makes 30 second AI video generation broadly available.
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