Maybe it uses the camera for gesture recognition so you can air-write each letter one at a time? Air-quotes will be fun... air-tabs, not so much. "Space, but <widens arms> BIGGER!"
If anything, they'll probably use the "studio" branding (or more likely just have it under the iPad line, since they have desktop chips in them now anyways)
[1]: https://www.macrumors.com/2024/05/23/18-8-inch-foldable-macb...