The latest M3 chip from Apple features the open-source machine learning framework MLX, which offers APIs similar to NumPy and PyTorch for training and deploying AI models. MLX boasts features like automatic differentiation, lazy computation, and shared memory, enabling efficient machine learning tasks on Apple's chips. Additionally, Apple provides several examples, including MNIST, LLaMA, and LoRA, to assist developers in learning and utilizing the MLX framework.