News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.
Apple reported stronger-than-expected Mac sales in its second quarter, driven by demand for AI workloads. Mac revenue reached $8.4 billion, up 6% year-over-year, beating forecasts. CEO Tim Cook highlighted surprise growth from local AI models like OpenClaw on devices such as Mac mini and Mac Studio.
Tim Cook will leave his role as Apple CEO in September, with hardware executive John Ternus set to succeed him. The TechCrunch Equity podcast examines the shift's impact on startups amid App Store pressures and new app trends. Hosts also cover SpaceX's $60B option to buy Cursor, Anthropic developments, and IPO plans for Revolut and Cerebras.
John Ternus takes over as Apple's CEO from Tim Cook, who built the company's market cap to $4 trillion over 15 years. Ternus inherits battles over encryption, App Store antitrust cases, China relations, Vision Pro's failure, and AI delays. Ongoing lawsuits from Epic Games, DOJ, and regulators in India add pressure, alongside executive turnover and future AI threats.
John Ternus, Apple's senior vice president of hardware engineering, will become CEO on September 1, succeeding Tim Cook after 15 years in the role. The announcement omits any mention of AI, despite Apple's ongoing struggles in the field. Siri trails rivals, partnerships with OpenAI and Google aim to catch up, but delays persist ahead of WWDC 2026.
Apple has selected John Ternus, its senior vice president of hardware engineering, as the new chief executive officer starting September 1. Tim Cook, who has led the company since 2011, will step into the role of executive chairman after guiding the transition. Ternus, with 25 years at Apple, has contributed to key products like iPads, iPhones, AirPods, Apple Watch, and the shift to Apple silicon chips.