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Who is John Ternus, the incoming Apple CEO? | TechCrunch
After 15 years, Tim Cook will hand off the Apple CEO role to John Ternus, the company’s senior vice president of hardware engineering. Starting on September 1, Ternus will lead one of the world’s most valuable companies, but if you’re not a dedicated Apple enthusiast, you’ve probably never heard of this man, who has largely remained out of the spotlight until now.

How long has John Ternus worked at Apple?

Ternus has worked at Apple for nearly half of his life — now 51 years old, he has been with the company for 25 years.







He joined Apple’s product design team in 2001 as only his second job out of college (his first was at a small maker of virtual-reality devices called Virtual Research Systems). By 2013, Ternus was a VP of hardware engineering and was promoted to the SVP role in 2021. 

Ternus — who is 15 years younger than Cook — was among the youngest of top Apple executives who had been rumored as a possible successor, implying that Apple could be looking for someone to lead the company for a long time. After all, Apple has only had two CEOs in this millennium, so it seems that leadership continuity is important to the company.

Ternus reports to Cook, who he considers a mentor, and leads all of hardware engineering at Apple. That’s a pretty big deal for a company that’s known for ubiquitous hardware like the iPhone and the MacBook.

In his 2024 commencement speech at his alma mater, the University of Pennsylvania’s engineering school, Ternus reflected on the lessons he learned at Apple, which perhaps can tell us a bit about his character — or at least a sanitized version of it. 

“Always assume you’re as smart as anyone else in the room, but never assume that you know as much as they do,” Ternus said in the speech. “With this mindset, you’ll find the confidence you need to push forward, but more importantly, the humility to ask questions.”

	
		
		Techcrunch event
		
			
			
									San Francisco, CA
													|
													October 13-15, 2026
							
			
		
	


In a tech ecosystem populated with abrasive egos, it’s refreshing to hear Ternus utter the word “humility.” Better yet, he doesn’t appear to have an X account.

Image Credits:Apple

What projects did John Ternus lead at Apple?

Ternus’ earliest project at Apple involved scrutinizing parts for the Apple Cinema Display, an early desktop monitor.

“At some point in my first year, I found myself at a supplier facility. I was far away from home. Well past midnight, I was using a magnifying glass to count the number of grooves on the head of a screw … and I was arguing with the supplier because these parts had 35 grooves. They were supposed to have 25,” Ternus recalled in his commencement speech. “I distinctly remember stepping back for a minute and thinking, ‘What the hell am I doing? Is this normal?’”







As Ternus climbed the corporate ladder, his responsibilities grew. He may no longer spend as much time analyzing screws, but he still seems to take pride in getting the little details right. In a recent interview, when Ternus was asked about his favorite memory of Steve Jobs, he mentioned the former Apple co-founder’s attention to craftsmanship.

“[Jobs] was moving a piece of furniture, a chest of drawers, and pulled it away from the wall and looked at the back and was just reflecting on, you know, that the carpenter who made it had made it beautiful,” Ternus said. “It finished the back as beautifully as the rest of it, even though nobody was going to see it, right? And I think about that all the time because I think that perfectly exemplifies what we do here.”

From there, he went on to lead the hardware development behind products across the Apple ecosystem, overseeing launches like AirPods, Apple Watch, and the Vision Pro. He also had a hand in major technical upgrades at Apple, like Apple’s transition from Intel chips to its own proprietary Apple silicon.

Most recently, Ternus was involved in the production of the MacBook Neo, Apple’s new, more affordable laptop model that lowers costs through some clever trade-offs in hardware design, like using an iPhone chip to power the device.

“We never want to ship junk. We want to ship great products that have that Apple experience, that Apple quality. To do that with the Neo required building something completely new from the ground up … leveraging both the technologies we’d been developing like Apple silicon, but also the kind of expertise that we’ve developed over many, many years of building Macs, and building phones, and building iPads, and all of these things,” Ternus told Tom’s Guide.

As CEO, Ternus will have to steer Apple through its challenge to catch up in the AI race and figure out what to do with the underlying tech behind the Vision Pro.

What else do we know about John Ternus?

Ternus was on the swim team at Penn. For his senior project, he built a feeding arm that people with quadriplegia could control with head movements.

According to public records of political donations, Ternus donated ,900 to Senator Chuck Schumer (D-NY) in 2021.







Otherwise, Ternus has maintained a relatively low profile.
#John #Ternus #incoming #Apple #CEO #TechCrunchApple,ceo,John Ternus,Tim Cook

Who is John Ternus, the incoming Apple CEO? | TechCrunch

After 15 years, Tim Cook will hand off the Apple CEO role to John Ternus, the company’s senior vice president of hardware engineering. Starting on September 1, Ternus will lead one of the world’s most valuable companies, but if you’re not a dedicated Apple enthusiast, you’ve probably never heard of this man, who has largely remained out of the spotlight until now.

How long has John Ternus worked at Apple?

Ternus has worked at Apple for nearly half of his life — now 51 years old, he has been with the company for 25 years.

He joined Apple’s product design team in 2001 as only his second job out of college (his first was at a small maker of virtual-reality devices called Virtual Research Systems). By 2013, Ternus was a VP of hardware engineering and was promoted to the SVP role in 2021.

Ternus — who is 15 years younger than Cook — was among the youngest of top Apple executives who had been rumored as a possible successor, implying that Apple could be looking for someone to lead the company for a long time. After all, Apple has only had two CEOs in this millennium, so it seems that leadership continuity is important to the company.

Ternus reports to Cook, who he considers a mentor, and leads all of hardware engineering at Apple. That’s a pretty big deal for a company that’s known for ubiquitous hardware like the iPhone and the MacBook.

In his 2024 commencement speech at his alma mater, the University of Pennsylvania’s engineering school, Ternus reflected on the lessons he learned at Apple, which perhaps can tell us a bit about his character — or at least a sanitized version of it.

“Always assume you’re as smart as anyone else in the room, but never assume that you know as much as they do,” Ternus said in the speech. “With this mindset, you’ll find the confidence you need to push forward, but more importantly, the humility to ask questions.”

Techcrunch event

San Francisco, CA | October 13-15, 2026

In a tech ecosystem populated with abrasive egos, it’s refreshing to hear Ternus utter the word “humility.” Better yet, he doesn’t appear to have an X account.

Who is John Ternus, the incoming Apple CEO? | TechCrunch
After 15 years, Tim Cook will hand off the Apple CEO role to John Ternus, the company’s senior vice president of hardware engineering. Starting on September 1, Ternus will lead one of the world’s most valuable companies, but if you’re not a dedicated Apple enthusiast, you’ve probably never heard of this man, who has largely remained out of the spotlight until now.

How long has John Ternus worked at Apple?

Ternus has worked at Apple for nearly half of his life — now 51 years old, he has been with the company for 25 years.







He joined Apple’s product design team in 2001 as only his second job out of college (his first was at a small maker of virtual-reality devices called Virtual Research Systems). By 2013, Ternus was a VP of hardware engineering and was promoted to the SVP role in 2021. 

Ternus — who is 15 years younger than Cook — was among the youngest of top Apple executives who had been rumored as a possible successor, implying that Apple could be looking for someone to lead the company for a long time. After all, Apple has only had two CEOs in this millennium, so it seems that leadership continuity is important to the company.

Ternus reports to Cook, who he considers a mentor, and leads all of hardware engineering at Apple. That’s a pretty big deal for a company that’s known for ubiquitous hardware like the iPhone and the MacBook.

In his 2024 commencement speech at his alma mater, the University of Pennsylvania’s engineering school, Ternus reflected on the lessons he learned at Apple, which perhaps can tell us a bit about his character — or at least a sanitized version of it. 

“Always assume you’re as smart as anyone else in the room, but never assume that you know as much as they do,” Ternus said in the speech. “With this mindset, you’ll find the confidence you need to push forward, but more importantly, the humility to ask questions.”

	
		
		Techcrunch event
		
			
			
									San Francisco, CA
													|
													October 13-15, 2026
							
			
		
	


In a tech ecosystem populated with abrasive egos, it’s refreshing to hear Ternus utter the word “humility.” Better yet, he doesn’t appear to have an X account.

Image Credits:Apple

What projects did John Ternus lead at Apple?

Ternus’ earliest project at Apple involved scrutinizing parts for the Apple Cinema Display, an early desktop monitor.

“At some point in my first year, I found myself at a supplier facility. I was far away from home. Well past midnight, I was using a magnifying glass to count the number of grooves on the head of a screw … and I was arguing with the supplier because these parts had 35 grooves. They were supposed to have 25,” Ternus recalled in his commencement speech. “I distinctly remember stepping back for a minute and thinking, ‘What the hell am I doing? Is this normal?’”







As Ternus climbed the corporate ladder, his responsibilities grew. He may no longer spend as much time analyzing screws, but he still seems to take pride in getting the little details right. In a recent interview, when Ternus was asked about his favorite memory of Steve Jobs, he mentioned the former Apple co-founder’s attention to craftsmanship.

“[Jobs] was moving a piece of furniture, a chest of drawers, and pulled it away from the wall and looked at the back and was just reflecting on, you know, that the carpenter who made it had made it beautiful,” Ternus said. “It finished the back as beautifully as the rest of it, even though nobody was going to see it, right? And I think about that all the time because I think that perfectly exemplifies what we do here.”

From there, he went on to lead the hardware development behind products across the Apple ecosystem, overseeing launches like AirPods, Apple Watch, and the Vision Pro. He also had a hand in major technical upgrades at Apple, like Apple’s transition from Intel chips to its own proprietary Apple silicon.

Most recently, Ternus was involved in the production of the MacBook Neo, Apple’s new, more affordable laptop model that lowers costs through some clever trade-offs in hardware design, like using an iPhone chip to power the device.

“We never want to ship junk. We want to ship great products that have that Apple experience, that Apple quality. To do that with the Neo required building something completely new from the ground up … leveraging both the technologies we’d been developing like Apple silicon, but also the kind of expertise that we’ve developed over many, many years of building Macs, and building phones, and building iPads, and all of these things,” Ternus told Tom’s Guide.

As CEO, Ternus will have to steer Apple through its challenge to catch up in the AI race and figure out what to do with the underlying tech behind the Vision Pro.

What else do we know about John Ternus?

Ternus was on the swim team at Penn. For his senior project, he built a feeding arm that people with quadriplegia could control with head movements.

According to public records of political donations, Ternus donated ,900 to Senator Chuck Schumer (D-NY) in 2021.







Otherwise, Ternus has maintained a relatively low profile.
#John #Ternus #incoming #Apple #CEO #TechCrunchApple,ceo,John Ternus,Tim Cook
Image Credits:Apple

What projects did John Ternus lead at Apple?

Ternus’ earliest project at Apple involved scrutinizing parts for the Apple Cinema Display, an early desktop monitor.

“At some point in my first year, I found myself at a supplier facility. I was far away from home. Well past midnight, I was using a magnifying glass to count the number of grooves on the head of a screw … and I was arguing with the supplier because these parts had 35 grooves. They were supposed to have 25,” Ternus recalled in his commencement speech. “I distinctly remember stepping back for a minute and thinking, ‘What the hell am I doing? Is this normal?’”

As Ternus climbed the corporate ladder, his responsibilities grew. He may no longer spend as much time analyzing screws, but he still seems to take pride in getting the little details right. In a recent interview, when Ternus was asked about his favorite memory of Steve Jobs, he mentioned the former Apple co-founder’s attention to craftsmanship.

“[Jobs] was moving a piece of furniture, a chest of drawers, and pulled it away from the wall and looked at the back and was just reflecting on, you know, that the carpenter who made it had made it beautiful,” Ternus said. “It finished the back as beautifully as the rest of it, even though nobody was going to see it, right? And I think about that all the time because I think that perfectly exemplifies what we do here.”

From there, he went on to lead the hardware development behind products across the Apple ecosystem, overseeing launches like AirPods, Apple Watch, and the Vision Pro. He also had a hand in major technical upgrades at Apple, like Apple’s transition from Intel chips to its own proprietary Apple silicon.

Most recently, Ternus was involved in the production of the MacBook Neo, Apple’s new, more affordable laptop model that lowers costs through some clever trade-offs in hardware design, like using an iPhone chip to power the device.

“We never want to ship junk. We want to ship great products that have that Apple experience, that Apple quality. To do that with the Neo required building something completely new from the ground up … leveraging both the technologies we’d been developing like Apple silicon, but also the kind of expertise that we’ve developed over many, many years of building Macs, and building phones, and building iPads, and all of these things,” Ternus told Tom’s Guide.

As CEO, Ternus will have to steer Apple through its challenge to catch up in the AI race and figure out what to do with the underlying tech behind the Vision Pro.

What else do we know about John Ternus?

Ternus was on the swim team at Penn. For his senior project, he built a feeding arm that people with quadriplegia could control with head movements.

According to public records of political donations, Ternus donated $2,900 to Senator Chuck Schumer (D-NY) in 2021.

Otherwise, Ternus has maintained a relatively low profile.

#John #Ternus #incoming #Apple #CEO #TechCrunchApple,ceo,John Ternus,Tim Cook

After 15 years, Tim Cook will hand off the Apple CEO role to John Ternus, the company’s senior vice president of hardware engineering. Starting on September 1, Ternus will lead one of the world’s most valuable companies, but if you’re not a dedicated Apple enthusiast, you’ve probably never heard of this man, who has largely remained out of the spotlight until now.

How long has John Ternus worked at Apple?

Ternus has worked at Apple for nearly half of his life — now 51 years old, he has been with the company for 25 years.

He joined Apple’s product design team in 2001 as only his second job out of college (his first was at a small maker of virtual-reality devices called Virtual Research Systems). By 2013, Ternus was a VP of hardware engineering and was promoted to the SVP role in 2021.

Ternus — who is 15 years younger than Cook — was among the youngest of top Apple executives who had been rumored as a possible successor, implying that Apple could be looking for someone to lead the company for a long time. After all, Apple has only had two CEOs in this millennium, so it seems that leadership continuity is important to the company.

Ternus reports to Cook, who he considers a mentor, and leads all of hardware engineering at Apple. That’s a pretty big deal for a company that’s known for ubiquitous hardware like the iPhone and the MacBook.

In his 2024 commencement speech at his alma mater, the University of Pennsylvania’s engineering school, Ternus reflected on the lessons he learned at Apple, which perhaps can tell us a bit about his character — or at least a sanitized version of it.

“Always assume you’re as smart as anyone else in the room, but never assume that you know as much as they do,” Ternus said in the speech. “With this mindset, you’ll find the confidence you need to push forward, but more importantly, the humility to ask questions.”

Techcrunch event

San Francisco, CA
|
October 13-15, 2026

In a tech ecosystem populated with abrasive egos, it’s refreshing to hear Ternus utter the word “humility.” Better yet, he doesn’t appear to have an X account.

Image Credits:Apple

What projects did John Ternus lead at Apple?

Ternus’ earliest project at Apple involved scrutinizing parts for the Apple Cinema Display, an early desktop monitor.

“At some point in my first year, I found myself at a supplier facility. I was far away from home. Well past midnight, I was using a magnifying glass to count the number of grooves on the head of a screw … and I was arguing with the supplier because these parts had 35 grooves. They were supposed to have 25,” Ternus recalled in his commencement speech. “I distinctly remember stepping back for a minute and thinking, ‘What the hell am I doing? Is this normal?’”

As Ternus climbed the corporate ladder, his responsibilities grew. He may no longer spend as much time analyzing screws, but he still seems to take pride in getting the little details right. In a recent interview, when Ternus was asked about his favorite memory of Steve Jobs, he mentioned the former Apple co-founder’s attention to craftsmanship.

“[Jobs] was moving a piece of furniture, a chest of drawers, and pulled it away from the wall and looked at the back and was just reflecting on, you know, that the carpenter who made it had made it beautiful,” Ternus said. “It finished the back as beautifully as the rest of it, even though nobody was going to see it, right? And I think about that all the time because I think that perfectly exemplifies what we do here.”

From there, he went on to lead the hardware development behind products across the Apple ecosystem, overseeing launches like AirPods, Apple Watch, and the Vision Pro. He also had a hand in major technical upgrades at Apple, like Apple’s transition from Intel chips to its own proprietary Apple silicon.

Most recently, Ternus was involved in the production of the MacBook Neo, Apple’s new, more affordable laptop model that lowers costs through some clever trade-offs in hardware design, like using an iPhone chip to power the device.

“We never want to ship junk. We want to ship great products that have that Apple experience, that Apple quality. To do that with the Neo required building something completely new from the ground up … leveraging both the technologies we’d been developing like Apple silicon, but also the kind of expertise that we’ve developed over many, many years of building Macs, and building phones, and building iPads, and all of these things,” Ternus told Tom’s Guide.

As CEO, Ternus will have to steer Apple through its challenge to catch up in the AI race and figure out what to do with the underlying tech behind the Vision Pro.

What else do we know about John Ternus?

Ternus was on the swim team at Penn. For his senior project, he built a feeding arm that people with quadriplegia could control with head movements.

According to public records of political donations, Ternus donated $2,900 to Senator Chuck Schumer (D-NY) in 2021.

Otherwise, Ternus has maintained a relatively low profile.

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#John #Ternus #incoming #Apple #CEO #TechCrunch

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Deadspin | Rockies use long ball to hand Dodgers first consecutive losses of ’26 <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-900/28768214.jpg" srcset="https://images.deadspin.com/tr:w-900/28768214.jpg" alt="MLB: Los Angeles Dodgers at Colorado Rockies" class="w-full" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Apr 19, 2026; Denver, Colorado, USA; Colorado Rockies left fielder Mickey Moniak (22) gestures on a solo home run in the seventh inning against the Los Angeles Dodgers at Coors Field. Mandatory Credit: Isaiah J. Downing-Imagn Images<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>Mickey Moniak and Kyle Karros each homered among their two hits, and the Colorado Rockies came from behind to beat the Los Angeles Dodgers 9-6 in Denver on Sunday.</p> </section><section id="section-2"> <p>Edouard Julien had three hits and three RBIs, Troy Johnston added two hits and Antonio Senzatela (1-0) pitched two innings of relief for Colorado.</p> </section><section id="section-3"> <p>Max Muncy had three hits, Ryan Ward had two hits in his major league debut and Hyeseong Kim and Alex Freeland had two hits apiece for Los Angeles, which has lost consecutive games for the first time this season. The teams will conclude their four-game set Monday.</p> </section><section id="section-4"> <p>Shohei Ohtani had two hits to extend his on-base streak to 51 games. He is third in franchise history behind Shawn Green’s 53-game streak in 2000 and Duke Snider, who did it in 58 consecutive games in 1954.</p> </section><section id="section-5"> <p>The Dodgers nearly rallied in the ninth off Victor Vodnik. Will Smith had an RBI single and Dalton Rushing’s bases-loaded groundout scored another run. Ward had a chance with two on and two outs, but Johnston made a diving catch of his blooper to right.</p> </section><br/><section id="section-6"> <p>Colorado went ahead for good in the seventh off reliever Blake Treinen (1-1) on Moniak’s two-run homer to right-center and an RBI single by Tyler Freeman.</p> </section> <section id="section-7"> <p>Julien delivered a two-run single in the eighth to stretch the lead to 8-4, and Moniak drove in another run with a groundout.</p> </section><section id="section-8"> <p>Freeland’s single and Ohtani’s RBI double in the third gave Los Angeles a 2-0 lead, and Ward drove in another with a single to right in the fourth off Colorado starter Michael Lorenzen.</p> </section><section id="section-9"> <p>That was all Lorenzen gave up in his five innings of work. The Rockies got a run back in the bottom of the fourth when TJ Rumfield hit an RBI single off Roki Sasaki, and they added two runs in the fifth.</p> </section><section id="section-10"> <p>Karros led off with his first homer of the season. Jake McCarthy legged out a double and scored on Julien’s single. Sasaki left after a two-out walk to Freeman.</p> </section><section id="section-11"> <p>Los Angeles retook the lead in the sixth. Alex Call and Ward singled with one out, Call advanced to third on a fielder’s choice and he scored on Freeland’s line single to right.</p> </section><br/><section id="section-12"> <p>–Field Level Media</p> </section> </div> #Deadspin #Rockies #long #ball #hand #Dodgers #consecutive #losses

“He noted that the reverse of the watch indicates that it is a Google Pixel 5, which has not yet been announced, let alone released,” Pitchford writes. “It seems to be fine. The face indicates an empty battery, but seems to have enough reserve power to display the correct time.” After putting out a call to find its owner, Pitchford said someone contacted him and that he’s “arranged for its return.” Google didn’t immediately respond to The Verge’s request for comment.

Google typically shows off its newest Pixel devices in August. That means we’ll find out if someone really dropped a not-yet-revealed Pixel Watch 5 into the ocean in just a few short months.

#Google #Pixel #Watch #spoiled #creator #BorderlandsEntertainment,Gadgets,Gaming,Google,Google Pixel,News,Smartwatch,Tech,Wearable">The Google Pixel Watch 5 may have been spoiled by… the creator of BorderlandsWe may just have gotten an early look at the Google Pixel Watch 5 — and from an unusual source. Randy Pitchford, the creator of the Borderlands game franchise, posted a pair of images of a watch on X, saying that his friend found it underwater while scuba diving near Saint Martin, as reported earlier by Kotaku.“He noted that the reverse of the watch indicates that it is a Google Pixel 5, which has not yet been announced, let alone released,” Pitchford writes. “It seems to be fine. The face indicates an empty battery, but seems to have enough reserve power to display the correct time.” After putting out a call to find its owner, Pitchford said someone contacted him and that he’s “arranged for its return.” Google didn’t immediately respond to The Verge’s request for comment.Google typically shows off its newest Pixel devices in August. That means we’ll find out if someone really dropped a not-yet-revealed Pixel Watch 5 into the ocean in just a few short months.#Google #Pixel #Watch #spoiled #creator #BorderlandsEntertainment,Gadgets,Gaming,Google,Google Pixel,News,Smartwatch,Tech,Wearable

reported earlier by Kotaku.

“He noted that the reverse of the watch indicates that it is a Google Pixel 5, which has not yet been announced, let alone released,” Pitchford writes. “It seems to be fine. The face indicates an empty battery, but seems to have enough reserve power to display the correct time.” After putting out a call to find its owner, Pitchford said someone contacted him and that he’s “arranged for its return.” Google didn’t immediately respond to The Verge’s request for comment.

Google typically shows off its newest Pixel devices in August. That means we’ll find out if someone really dropped a not-yet-revealed Pixel Watch 5 into the ocean in just a few short months.

#Google #Pixel #Watch #spoiled #creator #BorderlandsEntertainment,Gadgets,Gaming,Google,Google Pixel,News,Smartwatch,Tech,Wearable">The Google Pixel Watch 5 may have been spoiled by… the creator of Borderlands

We may just have gotten an early look at the Google Pixel Watch 5 — and from an unusual source. Randy Pitchford, the creator of the Borderlands game franchise, posted a pair of images of a watch on X, saying that his friend found it underwater while scuba diving near Saint Martin, as reported earlier by Kotaku.

“He noted that the reverse of the watch indicates that it is a Google Pixel 5, which has not yet been announced, let alone released,” Pitchford writes. “It seems to be fine. The face indicates an empty battery, but seems to have enough reserve power to display the correct time.” After putting out a call to find its owner, Pitchford said someone contacted him and that he’s “arranged for its return.” Google didn’t immediately respond to The Verge’s request for comment.

Google typically shows off its newest Pixel devices in August. That means we’ll find out if someone really dropped a not-yet-revealed Pixel Watch 5 into the ocean in just a few short months.

#Google #Pixel #Watch #spoiled #creator #BorderlandsEntertainment,Gadgets,Gaming,Google,Google Pixel,News,Smartwatch,Tech,Wearable
Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock, and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,” the company said in a statement.

Part of the plan involves selling $10 billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.

“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.”

The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.”

Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services. At Google I/O last month, CEO Sundar Pichai said that the company expects to spend between $180 and $190 billion on capex before the year is out. Google and other tech giants are expected to spend as much as $700 billion this year on AI capex.

#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google">Alphabet plans to raise  billion to pay for AI buildout | TechCrunch
Google parent company Alphabet said Monday that it plans to raise  billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock, and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,” the company said in a statement.

Part of the plan involves selling  billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.







“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.” 

The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.” 

Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services. At Google I/O last month, CEO Sundar Pichai said that the company expects to spend between 0 and 0 billion on capex before the year is out. Google and other tech giants are expected to spend as much as 0 billion this year on AI capex.


#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google

in a statement.

Part of the plan involves selling $10 billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.

“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.”

The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.”

Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services. At Google I/O last month, CEO Sundar Pichai said that the company expects to spend between $180 and $190 billion on capex before the year is out. Google and other tech giants are expected to spend as much as $700 billion this year on AI capex.

#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google">Alphabet plans to raise $80 billion to pay for AI buildout | TechCrunch

Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock, and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,” the company said in a statement.

Part of the plan involves selling $10 billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.

“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.”

The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.”

Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services. At Google I/O last month, CEO Sundar Pichai said that the company expects to spend between $180 and $190 billion on capex before the year is out. Google and other tech giants are expected to spend as much as $700 billion this year on AI capex.

#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google

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