The day in tech.

Nvidia is negotiating to acquire Hugging Face, aiming to lock down the software layer as its largest customers race to build their own AI chips and dominate a full ecosystem. The deal signals AI's shift toward complete platform control.

The US Department of War launched OpenAI's ChatGPT Mil and Starshield AI's Grok for Government on GenAI.mil, expanding frontier AI tools across its secure enterprise environment.

Tim Cook's last day as Apple CEO is today, with John Ternus taking over tomorrow. Phil Schiller stepped down as App Store head, staying on as Apple Fellow. Jeff Williams, Lisa Jackson, Kate Adams, and Jennifer Bailey also departed.

OpenAI Group PBC said its advertising business in ChatGPT has crossed the $1 billion annualized revenue run rate, citing a diversified business model. The milestone follows the controversial decision to introduce ads in ChatGPT several months ago.

Tim Cook stepped down as Apple CEO after nearly 15 years, leaving a company valued over $4 trillion. John Ternus, senior vice president of hardware engineering, succeeds him. Cook remains executive chairman, managing political relationships with President Trump and the Chinese government.

Anthropic signed a $35 billion cloud computing deal with Nvidia-backed Lambda. The agreement secures massive compute capacity for the AI company, marking one of the largest infrastructure commitments in the sector.

HUBER+SUHNER completed its acquisition of Ingun, a company announcement confirmed. The deal adds Ingun's testing and contacting technology to HUBER+SUHNER's portfolio. Financial terms of the transaction were not disclosed.

India now accounts for 25% of global iPhone output, with Apple assembling about 55 million iPhones there in 2025, up from 36 million. All iPhone 17 models, including Pro variants, are built locally by Foxconn and Tata Electronics.

A real-world trial for work in the age of AI has launched, testing how artificial intelligence tools reshape workplace tasks and productivity. The trial examines practical applications of AI in professional environments, focusing on real-world outcomes rather than theoretical scenarios.

WPP is cutting up to 1,000 additional jobs as artificial intelligence reshapes the advertising industry. The restructuring follows earlier reductions and reflects AI's growing role in automating creative and media tasks across the sector.