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ArXiv NLP
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arXiv:2604.16378v1 Announce Type: new Abstract: Large language models (LLMs) and classical machine learning methods offer complementary strengths for predictive modeling, yet their fundamentally different representations and training paradigms hinder effective integration: LLMs rely on gradient-based optimization over textual data, whereas models such as Random Forests (RF) employ non-differentiable feature partitioning. This work introduces a reciprocal co-training framework that couples an LLM with an RF classifier via reinforcement learning, creating an iterative feedback loop in which each model improves using signals from the other. Tabular data are reformulated into standardized textual representations for the LLM, whose embeddings augment the RF feature space, while calibrated RF probability estimates provide feedback signals that guide reinforcement learning updates of the LLM. Experiments across three medical datasets demonstrate consistent performance gains for both models, with particularly strong effects for the LLM. Ablation analyses show that iterative refinement, hybrid reward design, and dimensionality control jointly contribute to these gains. The proposed framework provides a general mechanism that allows incompatible model families to leverage each other's strengths through bidirectional adaptation.

ArXiv Computer Vision
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A Survey of Spatial Memory Representations for Efficient Robot Navigation

By Ma. Madecheen S. Pangaliman, Steven S. Sison, Erwin P. Quilloy, Rowel Atienza

arXiv:2604.16482v1 Announce Type: new Abstract: As vision-based robots navigate larger environments, their spatial memory grows without bound, eventually exhausting computational resources, particularly on embedded platforms (8-16GB shared memory, $<$30W) where adding hardware is not an option. This survey examines the spatial memory efficiency problem across 88 references spanning 52 systems (1989-2025), from occupancy grids to neural implicit representations. We introduce the $\alpha = M_{\text{peak}} / M_{\text{map}}$, the ratio of peak runtime memory (the total RAM or GPU memory consumed during operation) to saved map size (the persistent checkpoint written to disk), exposing the gap between published map sizes and actual deployment cost. Independent profiling on an NVIDIA A100 GPU reveals that $\alpha$ spans two orders of magnitude within neural methods alone, ranging from 2.3 (Point-SLAM) to 215 (NICE-SLAM, whose 47,MB map requires 10GB at runtime), showing that memory architecture, not paradigm label, determines deployment feasibility. We propose a standardized evaluation protocol comprising memory growth rate, query latency, memory-completeness curves, and throughput degradation, none of which current benchmarks capture. Through a Pareto frontier analysis with explicit benchmark separation, we show that no single paradigm dominates within its evaluation regime: 3DGS methods achieve the best absolute accuracy at 90-254,MB map size on Replica, while scene graphs provide semantic abstraction at predictable cost. We provide the first independently measured $\alpha$ reference values and an $\alpha$-aware budgeting algorithm enabling practitioners to assess deployment feasibility on target hardware prior to implementation.

ArXiv NLP
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CFMS: Towards Explainable and Fine-Grained Chinese Multimodal Sarcasm Detection Benchmark

By Junzhao Zhang, Hsiu-Yuan Huang, Chenming Tang, Yutong Yang, Yunfang Wu

arXiv:2604.16372v1 Announce Type: new Abstract: Multimodal sarcasm detection has recently garnered significant attention. However, existing benchmarks suffer from coarse-grained annotations and limited cultural coverage, which hinder research into fine-grained semantic understanding. To address this, we construct CFMS, the first fine-grained multimodal sarcasm dataset tailored for Chinese social media. It comprises 2,796 high-quality image-text pairs and provides a triple-level annotation framework: sarcasm identification, target recognition, and explanation generation. We find that the fine-grained explanation annotations effectively guide AI in generating images with explicit sarcastic intent. Furthermore, we curate a high-consistency parallel Chinese-English metaphor subset (200 entries each), revealing significant limitations of current models in metaphoric reasoning. To overcome the constraints of traditional retrieval methods, we propose a Reinforcement Learning-augmented In-Context Learning strategy (PGDS) to dynamically optimize exemplar selection. Extensive experiments demonstrate that CFMS provides a solid foundation for building reliable multimodal sarcasm understanding systems, and the PGDS method significantly outperforms existing baselines on key tasks. Our data and code are available at https://anonymous.4open.science/r/CFMS-E8F9.

Business Insider
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LOS ANGELES, CALIFORNIA - MARCH 15: Jeff Bezos attends the 2026 Vanity Fair Oscar Party Hosted By Mark Guiducci at Los Angeles County Museum of Art on March 15, 2026 in Los Angeles, California. (Photo by Jamie McCarthy/WireImage) Jamie McCarthy/WireImage Project Prometheus is a secretive AI startup cofounded by Jeff Bezos. It is raising around $10 billion in fresh funding at a valuation of around $38 billion. A company spokeswoman declined to comment. Project Prometheus, the secretive AI startup cofounded by Jeff Bezos, is raising around $10 billion in fresh funding at a post-money valuation of around $38 billion, according to multiple sources. The round is still in progress, and details could change. If completed, it would be the company's first funding since the $6.2 billion it raised at launch last year. A spokeswoman for the startup declined to comment. Bezos cofounded Project Prometheus in November. Little is known about the startup other than that it is focused on physical AI designed to interact with real-world industrial processes, such as manufacturing, aerospace engineering, and semiconductor production, rather than purely digital tasks like chatbots. The other cofounder is co-CEO Vik Bajaj, who previously held senior roles at Google X, Alphabet's moonshot lab, and is an adjunct professor at Stanford University's School of Medicine. The Financial Times earlier reported details of the fundraise. Project Prometheus has been snapping up office space in San Francisco. and luring away top talent from OpenAI. Other hires have from xAI, Google Deepmind, according to LinkedIn, which says the company has between 50-200 employees. Bezos has also been in early discussions with investors in the Middle East and Southeast Asia to raise as much as $100 billion for an investment fund to acquire or invest in companies that would benefit from the technology developed by Project Prometheus, the New York Times reported last month. Project Prometheus is stepping into a crowded field dominated by giants like OpenAI, Google DeepMind, xAI, and Anthropic, all of which have a head start in developing AI models and hiring deep talent benches. It also faces pressure from other well-founded startups targeting physical AI, such as Periodic Labs, founded by William Fedus, a prominent AI researcher best known for his work at OpenAI, where he served as VP of research and helped lead the post-training efforts behind ChatGPT. Of course, what Project Prometheus does have is Bezos and his $224 billion bank account. Read the original article on Business Insider

Techmeme
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Eunice Xu / South China Morning Post: Chinese PCB maker Victory Giant surges ~57% in its Hong Kong trading debut after raising ~$2.6B in its IPO, the largest in the city so far this year  —  Nvidia supplier raises US$2.6 billion in its IPO as investors rush to cash in on the AI infrastructure boom

Product Hunt
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X Island

By Dan

Discussion | Link

Techmeme
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Financial Times: Sources: Jeff Bezos' Project Prometheus is close to a $10B fundraising deal, which includes an initial $6.2B raise in November, at a $38B post-money valuation  —  Company code-named Project Prometheus is working on models for industrial applications  —  Jeff Bezos is close to a $10bn fundraising deal …

TechCrunch
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Who is John Ternus, the incoming Apple CEO?

By Amanda Silberling

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.

Techmeme
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Mark Gurman / Bloomberg: In an email to employees, Johny Srouji details newly combined hardware engineering and hardware technologies division, organized across five key areas  —  Apple Inc.'s newly combined hardware engineering and hardware technologies division will be organized across five key areas, its new leader told staffers on Monday.

Techmeme
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Marcus Mendes / 9to5Mac: Apple says Tim Cook, as executive chairman, “will assist with certain aspects of the company, including engaging with policymakers around the world”  —  Apple confirmed today that although Tim Cook will be leaving the role of Apple CEO come September, he'll still be involved in a key area of the company.

Business Insider
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Apple isn't losing its Trump whisperer

By Brent D. Griffiths

Apple CEO Tim Cook has been a constant sight in President Donald Trump's Washington. Brendan Smialowski/AFP/Getty Images Apple CEO Tim Cook is stepping down as CEO in September. He won't be going far. He'll remain as executive chairman of the Apple board of directors. Cook has put on a masterclass in managing Apple's relationship with President Donald Trump. President Donald Trump's next "Tim Apple" isn't falling far from the tree. On Monday, Apple announced long-expected but still seismic succession plans: CEO Tim Cook is stepping down, and in his place, John Ternus, senior vice president of hardware engineering, will lead the tech giant starting on September 1. Cook, the man Trump unintentionally called "Tim Apple" in 2019, will become executive chairman of Apple's board of directors — a role that includes "engaging with policymakers around the world," the tech company said. He's had plenty of experience with that, particularly in an increasingly mercurial Washington, where a tech company can go from a vital partner to a national security threat in a matter of weeks (just ask Anthropic). Under Cook's leadership, Apple has lavished Trump with gifts, including a special inscribed piece of glass with 24-karat gold base and a custom-made $5,999 Mac Pro. Cook personally donated $1 million to Trump's inauguration, and Apple donated an unknown amount toward the construction of the White House ballroom, which will replace the now-demolished East Wing. When needed, Cook has also handed Trump major announcements, including an additional $100 billion investment in US manufacturing. "Today's announcement is one of the largest commitments in what has become among the greatest investment booms in our nation's history," Trump said in August 2025 when Cook presented him with the plaque and the news of the additional investment. In the meantime, Apple has continued to manufacture iPhones overseas — despite occasional Trump threats to curtail the practice — and has secured major tariff exemptions. It doesn't mean there haven't been dust-ups. In May 2025, Trump said he told Cook he didn't want Apple building products in India. "I had a little problem with Tim Cook yesterday," Trump said at the time. "I said to him, 'My friend, I treated you very good. You're coming here with $500 billion, but now I hear you're building all over India." Ternus doesn't appear to have the same type of political background. According to federal campaign finance records, Ternus' largest donation appears to be the $5,800 he gave to Senate Minority Leader Chuck Schumer's campaign in 2021. Cook has also maintained a presence around the White House, from Trump's second inauguration to the recent premiere of the Melania documentary. Cook has faced some backlash for his relationship with Trump, but he says he's neutral. "What I do is I interact on policy, not politics," Cook said in March. "I focus on policy, so I'm very pleased that the president and the administration is accessible to talk about policy." Steve Jobs believed that everything needed to flow from the customer experience. Apple can continue to rely on Cook's knowledge of a very important customer. Read the original article on Business Insider

Business Insider
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Tim Cook (left) and CEO Steve Jobs remove microphones on a stage at Apple headquarters in Silicon Valley in 2010. REUTERS/Kim White After Apple cofounder Steve Jobs died, many questioned whether Tim Cook would succeed. Cook took Apple to new heights, adding more than $3 trillion in market value — way more than Jobs. Cook has absolutely destroyed Silicon Valley's founder myth. Tim Cook is the ultimate non-founder success story. As he steps down as Apple CEO after 15 years, that's the biggest takeaway for me. Silicon Valley lauds founders as the only leaders capable of creating huge, disruptive, and lasting value. Cook blew this "founder mode" theory out of the water in spectacular fashion. I was there at the start. When Steve Jobs died in 2011, I went to Apple headquarters to report on the scene. Underneath the grief, questions lurked. Would the company be OK without its legendary cofounder? Cook, a supply chain and operations specialist, was taking over. Would he be able to innovate as Jobs did? Laughing at my pants That concern hung over Apple for years. In late 2013, I rated Cook a "loser" in a USA Today roundup of the tech sector, after he spent most of that year struggling to show how the tech giant could still create blockbuster new gadgets that change the way people live. About six months later, I went to Apple headquarters to interview Cook, Eddy Cue, Dr. Dre, and Jimmy Iovine about Apple's acquisition of Beats. The CEO still hadn't forgiven me for calling him a loser, I think. So when I showed up in a pair of bright green pants, Cook asked if I'd just come from the golf course. I stammered while Cook and his entourage laughed. Yes, Dr. Dre laughed at my pants. I'll never forget it. Life after Steve The other thing I'll never forget is how Cook answered one of my questions. The Beats deal was Apple's biggest acquisition by far at that time. "Would Steve Jobs have done an acquisition like this?" I asked. Cook said he tried not to constantly ask himself "what would Steve do?" — while still running Apple with the same ethos of obsessive product excellence. At the time, I was a little disappointed by the answer. But over time, I've come to appreciate the nuanced, balanced, and practical approach. Jobs wasn't coming back. Cook wasn't Jobs and never could be. So the new CEO was charting his own path, while keeping the broad goals and ideals of his famous former boss alive. A $1 trillion milestone By 2018, Apple's market cap topped $1 trillion, making it the first US public company to reach that milestone. Instead of being a non-founder loser, Cook had added about $650 billion in value, almost twice what Jobs had. I was an editor at Bloomberg at the time, and I reached out to iPod designer Tony Fadell to get his thoughts. "Tim and team have done a masterful job of continuing to develop Steve's vision while bringing operational and environmental excellence to every part of Apple's business to achieve their unheard-of scale while continuing to grow unprecedented margins in the consumer electronics business," Fadell told me. $3 trillion more Since then, Apple has added another $3 trillion in market value. The iPhone has gone from a cool gadget to the main way most people in America run their lives. Macs have gone from strength to strength, thanks to Apple's in-house chips — a strategy Cook oversaw and executed on with typical precision. My MacBook is still blazing fast, after more than five years of constant use. Incredible. Apple's services business got started in earnest through that Beats deal, which gave the company a music streaming service to rival Spotify. Now, services generate well over $100 billion in (very profitable) revenue for Apple. "Tim Cook scaled Apple into the company it is today. The world-changing scale is very much because of his leadership and focus," said Matt Rogers, a former iPhone designer and cofounder of Nest, told me on Monday. Was Cook as innovative as Apple's cofounder? Maybe not. The company scrapped a self-driving car project after years of struggles. The Vision Pro was a pricy flop, and there's a big question about whether Apple is behind in AI. However, there are still new wearable gadgets in the works, and Apple has so far avoided the massive capex that other Big Tech companies are throwing at AI. That could turn out to be Cook's final victory. But the market doesn't lie, especially over many years: Apple is the second, or third, most valuable public company in the world — and Tim Cook made that happen. Interestingly, Apple is roughly tied with Google right now, based on market cap. You know who's been running Google for over a decade? A non-founder called Sundar Pichai. Sign up for BI's Tech Memo newsletter here. Reach out to me via email at abarr@businessinsider.com. Read the original article on Business Insider

Business Insider
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The Onion CEO says it expects to takeover Alex Jones' Infowars within weeks. Joe Buglewicz/Getty Images The Onion has a new plan to take over Alex Jones' Infowars. CEO Ben Collins said they want to use the site to mock everything from Jones to AI guys. Collins said he wants justice for Sandy Hook families and to pay them some of what they're owed. The Onion has a new plan to take over Infowars — and the CEO of the satirical news site it goes well beyond owning Alex Jones. "We have grand designs," Ben Collins, CEO of the Onion, told Business Insider. He said they want to turn the conspiracy theory-fueled site created by Jones into a satire engine that goes after "the grievance culture that has completely subsumed our American way of life and our politics." The Onion said Monday that it struck a deal to license the Infowars name and website from Greg Mulligan, the court-appointed receiver who was tapped to help sell Infowars' assets. Collins said he is confident a judge will approve the proposal, which is for six months with an option to renew for another six months. The long-term goal is to buy the site outright. Ben Collins in the CEO of The Onion Ben Pennington/The Boston Globe via Getty Images Collins, who worked for NBC News before The Onion, said taking over the site is largely about getting justice for Sandy Hook families who experienced "the double whammy of American life" : They lost their kids in a school shooting and then had people say it never happened or that their kids never existed. Jones, one of the leading voices in the conspiracy theories about Sandy Hook, was found liable for defamation, ordered to pay the families over $1 billion, and subsequently filed for bankruptcy. The Sandy Hook families have not been paid, and Collins said he's looking forward to getting them some of the money they are owed. "When InfoWars finally goes dark, the machinery of lies that Jones built will become a force for social good, thanks to the families' courage and The Onion's vision, persistence and stewardship," Chris Mattei, the lawyer who represented the families, said in a statement. Representatives for Jones and Infowars did not respond to a request for comment from Business Insider. Jones said in a video posted to X that his audience would hear about a new website soon and that the "REAL Infowars is set to close May 1st." The Onion first emerged as a buyer of Infowars in 2024 after an auction was held to sell its assets and pay the judgments against Jones; a judge thwarted the sale, citing process and transparency concerns. Collins said in the 17 months since the sale was stopped, he remained motivated to find a way to get it. That only increased during Jones' coverage of the death of Renee Good, the 37-year-old mother in Minneapolis who was killed by an ICE agent, in January. Collins said seeing false claims about her shared on Infowars was "enough." "It wasn't the original reason we did it, but it's the reason I kept going at a time when it may not have been smart for me to do it," he said. Sandy Hook families walk into the court where Alex Jones was found liable for defamation in 2022. Spencer Platt/Getty Images The Onion has started producing content for its version of Infowars, including an eight-episode Tucker Carlson-style parody show, Collins said. A glimpse of what the new site would look like can be seen in a promo on The Onion's website that blares "TURN YOUR PISS INTO GOLD." The Onion has brought on comedian Tim Heidecker as creative director. Heidecker, who is half of the Tim & Eric comedy duo, shared a video announcing the news in a voice that imitated Jones' distinctive, gruff voice. Collins said the new InfoWars won't only poke fun at the far right. He sees it as an opportunity to go after all the "stupid" stuff on the internet and beyond — like influencers pushing beef tallow, van lifers who "shove 80 kids into the back of an RV and call it a house," and AI guys who "have the very mind virus that they think everyone else has." "We want Infowars to be a place where you strive to be instead of a psychopathic website where they sell supplements for your broken penis," Collins said. In his view, there was only one good thing Jones did with Infowars: "It's a great logo. It's a great name for what's going on, unfortunately." Read the original article on Business Insider

OpenAI Blog
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OpenAI launches Codex Labs, partners with with Accenture, PwC, Infosys, and others to help enterprises deploy and scale Codex across the software development lifecycle, and hits 4M Codex WAU.

Business Insider
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Google DeepMind CEO Demis Hassabis (pictured right) pushed back hard against Steve Yegge's claims about Google's internal AI adoption. Bloomberg/Bloomberg via Getty Images Former Googler and software veteran Steve Yegge made a striking claim about the search giant's internal AI adoption. Yegge said there is a big gap in AI usage between the Google DeepMind team and the rest of the company. Google DeepMind's CEO called the claim "absolute nonsense." Other Googlers publicly pushed back too. Yegge doubled down. A former Google engineer has gotten the company's goat. And after receiving rare pushback in public from the tech giant's AI CEO, the computer programming veteran is now doubling down. Steve Yegge, a software engineering veteran who used to work at the company, has faced a public onslaught after claiming last week that a "buddy at Google who's been a tech director there for about 20 years" essentially said that their AI adoption internally was severely lagging. Google's internal AI adoption curve, Yegge wrote last week, is the same "as John Deere, the tractor company." "Most of the industry has the same internal adoption curve: 20% agentic power users, 20% outright refusers, 60% still using Cursor or equivalent chat tool," Yegge wrote on X on April 13. "It turns out Google has this curve too." Business Insider has not independently verified Yegge's claims, which he presented as secondhand. The company did not respond to a request for comment. Externally, Google was viewed as entering 2026 on a winning streak, arguably catching up to OpenAI in the generative AI race and erasing a once-embarrassing gap for the company whose research helped lay the foundation for large language models. Yegge's post sparked a firestorm of public backlash from the company's workers, stretching from some of Google's top rungs down to lower-level engineers. Most notable was Google DeepMind CEO Demis Hassabis, who didn't seem to hold much back in attempting to set the record straight. Maybe tell your buddy to do some actual work and to stop spreading absolute nonsense. This post is completely false and just pure clickbait. — Demis Hassabis (@demishassabis) April 14, 2026 "Maybe tell your buddy to do some actual work and to stop spreading absolute nonsense," the Google AI boss wrote in a reply to Yegge's original post. "This post is completely false and just pure clickbait." In response to Hassabis, Yegge wrote that he would apologize for his initial post, "If Google can convince me that half their engineers are burning 4M tokens a day." A week after his initial post on the topic, Yegge doubled down on Monday, writing that he had heard from "Googlers from multiple orgs" who outlined what he described as "a two-tier system," in which Hassabis' team uses Anthropic's Claude frequently, and the rest of Google largely does not. My tweet last week about Google's AI adoption drew a lot of pushback, to say the least. Since then, Googlers from multiple orgs have reached out to me independently and anonymously. They've expressed fear of being doxxed, concern about what they saw as bullying of me, and… — Steve Yegge (@Steve_Yegge) April 20, 2026 "DeepMind engineers use Claude as a daily tool. Most of the rest of Google does not," Yegge wrote, adding that non-DeepMind engineers "get pushed onto internal Gemini variants." "This is not a picture of an engineering org that is fine," Yegge wrote on X on Monday. Anthropic's Claude Code is widely considered the industry standard for agentic AI coding tools. OpenAI and Google have rushed to catch up, but for now, many software engineers say they prefer Anthropic. Last week, Anthropic rolled out Opus 4.7, which it said was "a notable improvement" and that "users report being able to hand off their hardest coding work—the kind that previously needed close supervision—to Opus 4.7 with confidence." Yegge argues Google is cherry-picking rosy data AI adoption within companies is a major focal point in Silicon Valley. Hyperscalers like Meta have made headlines over employee leaderboards that track AI token use. Addy Osmani, director of Google Cloud, said Yegge's original claims didn't "match the state of agentic coding at our company." Osmani wrote that over 40,000 Google software engineers use agentic coding weekly. "With so many friends working at other frontier labs and start-ups to give ourselves a baseline, Google is anything but average," Osmani wrote. Much love for your work, Steve. On behalf of @Google, this post doesn't match the state of agentic coding at our company. Over 40K SWEs use agentic coding weekly here. Googlers have access to our own versions of @antigravity, @geminicli, custom models, skills, CLIs and MCPs for… — Addy Osmani (@addyosmani) April 13, 2026 On Monday, Yegge said Osmani's statistic didn't tell the full story. "Weekly use of a thin tool is precisely the box-checking I described in the original post. Volume of opens isn't adoption — and 'weekly' is a low bar that includes a lot of people who tried it once and went back to writing code by hand," Yegge wrote. Overall, Yegge seemed to characterize the Googler backlash to his original post as spin. "You can choose to believe Google's AI PR team and their core AI researchers, or you can believe your friends who actually work there," he wrote. "I've made my choice." Read the original article on Business Insider

Techmeme
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Anthony Capaccio / Bloomberg: The US Air Force cancels RTX's ground-control network for the US' next generation of GPS satellites after years of delays and cost overruns  —  The Air Force on Monday canceled RTX Corp.'s ground-control network for the US's next generation of GPS satellites after years of delays and cost overruns.

Business Insider
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Apple's Tim Cook announced he's stepping down, effective September 1, 2026. Fabrice COFFRINI / AFP via Getty Images Tim Cook posted a farewell letter reflecting on his time as Apple CEO. Cook is stepping down, effective September 1. The Apple veteran wrote about his successor, reading customer emails, and feeling "a gratitude that I cannot put into words." Tim Cook wants you to know he'll remember your emails. The CEO, who announced on Monday he'll be transitioning out of the top job on September 1, reflected on his time at Apple in a letter posted to the company's website. "For the past 15 years I've started just about every morning the same way," Cook wrote. "I open my email and I read notes I received the day before from Apple's users all over the world." Cook, who will remain at Apple as executive chairman, wrote that hearing from customers all around the world gave him a feeling of "shared humanity." Like Apple cofounder Steve Jobs, Cook's email was publicly available. "This is not goodbye," Cook said. "But at this moment of transition, I wanted to take the opportunity to say thank you." He also used the opportunity to speak highly of his successor, Apple's hardware boss John Ternus, who he called "the perfect person for the job." "A new person will be stepping into what I know in my heart is the best job in the world. That leader is John Ternus, a brilliant engineer and thinker who has spent the past 25 years building the Apple products our users love so much, obsessed with every detail, focused on every possible way we can make something better, bolder, more beautiful, and more meaningful," the outgoing CEO wrote. Read Tim Cook's letter to the Apple community To the Apple community: For the past 15 years I've started just about every morning the same way. I open my email and I read notes I received the day before from Apple's users all over the world. You share little pieces of your lives with me and tell me things you want me to know about how Apple has touched you. About the moment your mom was saved by her Apple Watch. About the perfect selfie you captured at the summit of a mountain that seemed impossible to climb. You thank me for the ways Mac has changed what you can do at work and sometimes give me a hard time because something you care about isn't working like it should. In every one of those emails I feel the beating heart of our shared humanity. I feel a sense of deepening obligation to work harder and push further. But most of all, I feel a gratitude that I cannot put into words, that I somehow got to be the person on the other end of those emails, the leader of a company that ignites imaginations and enriches lives in such profound ways it defies description. What an honor and a privilege it has been. Today we announced that I'm taking the next step in my journey at Apple. Over the coming months I will be transitioning into a new role, leaving the CEO job behind in September and becoming Apple's executive chairman. A new person will be stepping into what I know in my heart is the best job in the world. That leader is John Ternus, a brilliant engineer and thinker who has spent the past 25 years building the Apple products our users love so much, obsessed with every detail, focused on every possible way we can make something better, bolder, more beautiful, and more meaningful. He is the perfect person for the job. John cares so much about who we are at Apple, what we do at Apple, who we reach at Apple, and he has the heart and character to lead with extraordinary integrity. I am so proud to call him Apple's next CEO. This company will reach such incredible heights under his leadership, and you will feel his impact in every bit of delight and discovery that grows out of the products and services to come. I can't wait for you to get to know him like I do. This is not goodbye. But at this moment of transition, I wanted to take the opportunity to say thank you. Not on behalf of the company, this time, though there is a wellspring of gratitude for you that overflows inside our walls. But simply on behalf of me. Tim. A person who grew up in a rural place in a different time and, for these magical moments, got to be the CEO of the greatest company in the world. Thank you for the confidence and kindness you've shown me. Thank you for saying hi to me on the street and in our stores. Thank you for cheering alongside me when we unveiled a new product or service. Thank you, most of all, for believing in me to lead the company that has always put you at the center of our work. Every day we get up and think about what we can do to make your life a little bit better. And every day, you've made mine the best I could have asked for. Thank you. Read the original article on Business Insider