Apple’s Ternus era begins as Nvidia bets on the whole AI stack
Apple's John Ternus becomes CEO as Tim Cook steps down; Nvidia expands across the AI stack while a16z launches a $1.1B Machine Age fund.
Tim Cook stepped down as Apple CEO, handing the company to former hardware chief John Ternus, with Cook staying as Executive Chairman focused on policy relationships. TechCrunch's Equity podcast also unpacks Nvidia's moves to own the entire AI stack, including its Hugging Face acquisition, a MediaTek investment, and deeper compute deals. Other items include robotaxi competition (Tesla Cybercab, Waymo expansion, Zoox paid rides), Andreessen Horowitz's new $1.1 billion 'Machine Age' fund, and the $285 million GoPro acquisition.
- John Ternus becomes Apple CEO; Cook remains Executive Chairman
- Nvidia acquired Hugging Face and invested in MediaTek to own the AI stack
- a16z launched a $1.1 billion 'Machine Age' fund for AI hardware
- Zoox began first paid robotaxi rides amid Tesla and Waymo competition
- Products
- CybercabHugging Face
- Organizations
- TechCrunchMediaTek
From the original article
2 min read at techcrunch.com
It’s officially the Ternus era at Apple. Tim Cook stepped down as CEO this week, handing the company to former hardware chief John Ternus, whose first memo promised a “huge launch next week” — timing that puts Apple’s next iPhone event on his desk before he’s even settled in. Cook isn’t going far, though: he’s staying on as Executive Chairman, focused on the kind of policy […]
By Theresa Loconsolo, Kirsten Korosec, Sean O'Kane · techcrunch.com
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