Apple’s new CEO, and why Elon Musk wants to buy Cursor for $60B

# Apple's Leadership Shift and What It Means for AI Tim Cook is stepping down as Apple's CEO in September, with John Ternus—who currently leads Apple's hardware division—taking over the role. This leadership change matters because the new CEO will need to navigate Apple's increasingly important role in artificial intelligence, a very different challenge than the stable product business Cook managed for over a decade. While Apple remains one of the world's most valuable and successful companies, Ternus will inherit pressure to catch up with competitors who are already integrating AI into their devices more aggressively.