It's a real shame but the world's first eGPU with Thunderbolt 5 interface won't run on Apple Silicon
Unfortunately, the Studio-G 850 isn't Mac compatible due to the fact that Apple hasn't enabled support for external GPUs ...
Intel ARC B570: The $219 Graphics Card Gamers Can’t Ignore
Affordable graphics card with AI acceleration, XE SS, and ray tracing for smooth gaming at 1080p and 1440p resolutions.