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Apollo’s chief economist says AI delivers “zero financial return” to U.S. companies outside the tech industry.

Thorsten Sløk, Chief Economist at Apollo Global Management, analyzed the S&P 493 (the S&P 500 excluding seven tech giants) and found that non-tech firms’ profit margins are on par with per-capita revenue, with no evidence that AI has boosted productivity. He noted that AI lacks an understanding of key business factors such as accountability, trust, and corporate culture, and therefore has yet to deliver financial returns.

AI delivers ‘zero financial payoff’ to most companies, Apollo economist says

Why it matters:This view is based on empirical observations of the mainstream listed‑company universe (S&P 493), citing specific data ranges and limitations (excluding seven technology firms such as Alphabet and Amazon), and aligns with the findings of several recent studies, offering a verifiable analytical framework with clearly defined attribution boundaries.

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Amazon SageMaker launches the Kokoro-82M TTS model, supporting low-latency streaming speech synthesis for AI voice agents.

AWS has released a technical solution that leverages the Kokoro-82M text-to-speech model hosted on SageMaker, using bidirectional WebSocket to enable AI agents to generate text and synthesize speech simultaneously, significantly reducing end-to-end speech response latency. The solution offers two audio back‑transmission methods—Base64‑SSE and unified binary transmission—and is explicitly labeled as “proof-of-value,” meaning it has not yet reached production‑ready status.

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Amazon SageMaker TTS service enables metric-driven auto-scaling: taking the Kokoro-82M model as an example.

The AWS blog introduces an empirical, automated scaling method for deploying text-to-speech (TTS) models on SageMaker real-time endpoints, eliminating guesswork and basing the approach on two measured metrics—Q_max (the maximum sustainable concurrent requests per instance) and T_total (the time required for planned scaling)—to create a reproducible, verifiable scaling strategy.

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Mistral releases the Voxtral 3 voice agent SDK: supports real-time voice interaction in over 50 languages and emotional TTS.

Mistral will launch Voxtral 3 by October 26, 2026—a family of end-to-end SDKs and models for multilingual real-time voice interaction, covering three major modules: ASR (including speaker separation), the inference layer, and TTS. The solution emphasizes data sovereignty and modular deployment, though all performance claims are based on the vendor’s internal testing and have not been independently verified by a third party.

Timeline and related coverage