"Apple has entered into a multiyear partnership with Google to support its artificial intelligence strategy, including a major upgrade to Siri expected later this year. According to a joint statement from the companies, Apple will use Google's Gemini models and cloud technology to underpin its future foundation models. Apple said it chose Google after assessing several options, describing Gemini as the strongest technological foundation for its AI ambitions. The companies added that the models will continue to operate on Apple devices and within Apple's private cloud compute infrastructure. Financial terms were not disclosed, with Apple declining to comment and Google directing enquiries to the joint statement."
"Paramount Skydance has taken legal action against Warner Bros. Discovery, escalating its hostile pursuit of the media group. In a letter to WBD shareholders, chief executive David Ellison said the company had filed a lawsuit in Delaware seeking fuller disclosure of WBD's sale process and its proposed USD$72bn (£53.3bn) transaction with Netflix. The filing asks the Delaware Chancery Court to require WBD to explain how it valued key aspects of the deal, including the Global Networks stub equity, the overall purchase price, debt adjustments and what Ellison described as a "risk adjustment" applied to Paramount's USD$30 (£22.20) per share, all-cash bid. Warner Bros. Discovery called the lawsuit "meritless", arguing that Paramount has failed to address what it sees as fundamental shortcomings in its offer. The company reiterated that the Netflix transaction remains the superior proposal, adding that Paramount has not increased its bid despite weeks of public campaign"
Apple entered a multiyear partnership with Google to support its AI strategy and to power a major Siri upgrade later this year, using Google's Gemini models and cloud technology as the foundation for future models. The models will run on Apple devices and within Apple's private cloud compute infrastructure; financial terms were not disclosed. Paramount Skydance filed a lawsuit in Delaware seeking fuller disclosure of Warner Bros. Discovery's sale process and the proposed USD$72bn Netflix transaction, disputing deal valuations and adjustments. Warner Bros. Discovery called the lawsuit meritless and maintained the Netflix deal is superior. A study indicates publishers have a grim outlook for search.
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