Apple CEO Pushes for Greater Progress on AI

Bloomberg reported that Apple CEO John Ternus is pressing software chief Craig Federighi to accelerate the AI roadmap, amid Ternus’s reported frustration with Apple’s pace relative to rivals and Federighi’s concerns about AI’s implications. Separately, PYMNTS Intelligence found that 62% of surveyed U.S. enterprises with at least $1 billion in annual revenue spent more than $10 million on new forms of AI in the prior 12 months; median spending was $10 million–$25 million. The article highlights a tension between usage-based AI costs and potential productivity gains, with workflow cost—not usage alone—as a more consequential measure.