Tim Cook transitions to Executive Chairman as John Ternus becomes Apple CEO in September 2026, focusing on AI strategy.
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Meta is laying off over 700 employees across its Puget Sound and Bay Area offices as part of a major restructuring of its AI and product teams.
OpenAI acquires Software Applications, Inc., creators of the AI-powered Mac interface Sky, strengthening its push to integrate ChatGPT and AI tools seamlessly into everyday workflows.
CoreWeave’s $9 billion acquisition of Core Scientific boosts its AI infrastructure with 1.3 gigawatts capacity, driving faster growth and long-term cost savings.