AI Update: Apple Appoints John Ternus as CEO Amid Intensifying AI Competition in Major Tech Firms

AI Update: Apple Appoints John Ternus as CEO Amid Intensifying AI Competition in Major Tech Firms

Tim Cook is set to become the executive chairman, handing over the reins to John Ternus after a considerable term leading hardware initiatives. This transition occurs as Apple faces challenges in advancing artificial intelligence (AI) compared to its competitors. In related news, Amazon strengthens its collaboration with Anthropic, while Adobe enhances its enterprise AI solutions through various partnerships.

By CNBCTV18April 21, 2026, 9:29:25 AM IST (Updated)
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