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John Ternus Replaces Tim Cook as Apple CEO

Big technology and management changes are greeting John Ternus, whose long-serving predecessor, Tim Cook, will stay on as executive chair.

© Brendan McDermid/Reuters

John Ternus, right, who became Apple’s chief executive on Tuesday, with Tim Cook, who held the job for 15 years, at the Sun Valley Conference in Idaho in July.
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Meta Projected It Could Spend $10 Billion on Anthropic’s A.I.

The social networking giant projected it could spend $10 billion annually on Anthropic’s tools, illustrating the friend-foe relationships underlying the A.I. race.
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Nvidia’s Profit Doubles to $59.69 Billion Thanks to A.I. Spending

Quarterly revenue also more than doubled, to $96.22 billion, the company said, topping expectations on Wall Street.

© Manuel Orbegozo for The New York Times

Jensen Huang, Nvidia’s chief executive, made a big bet years ago on chips and software for artificial intelligence.
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