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Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people familiar with the matter. The company, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is exploring ways to boost cash, […]
Apple is weighing using artificial intelligence technology from Anthropic or OpenAI to power a new version of Siri, instead of its own in-house models, Bloomberg News reported Monday. The iPhone maker has had discussions with both companies about using their large language models for Siri, asking them to train versions of their LLMs that could run […]
Chinese officials are mulling a potential option that involves the sale of TikTok’s US operations to billionaire Elon Musk if the company fails to fend off a potential ban, Bloomberg News reported on Monday, citing people familiar with the matter. Chinese officials are mulling a potential option that involves the sale of TikTok’s US operations […]
