tl;dr: Apple announced a new Mac Studio with M5 Max (18-core CPU, up to 40-core GPU, 128GB unified memory) and M5 Ultra (36-core CPU, 80-core GPU, up to 512GB unified memory), touting up to 4.3x faster AI performance vs. M3 Ultra and enough memory to run large LLMs locally. It adds Thunderbolt 5 (enabling clustering for distributed inference), Wi-Fi 7, Bluetooth 6, and 2x faster SSDs. Pre-orders start August 25 at $2,499 (M5 Max) and $5,499 (M5 Ultra), shipping September 22.