Has Alex Rodriguez found a solution to his Minnesota ownership problem? Michael Bloomberg is reportedly set to join the proposed ownership group for the Timberwolves and Lynx, alongside Rodriguez and Marc Lore. If true, the billionaire’s backing will squash their extended battle with Glen Taylor, The Athletic reports. The franchises are collectively part of the $1.5 billion deal. Rodriguez and Lore were facilitating a multi-step purchase to secure a majority stake, when Taylor called things off earlier this year.

Ahead of Apple's annual Worldwide Developers Conference on Monday, Bloomberg teased a few artificial intelligence developments the Big Tech company plans to unveil to its audience. Apple Intelligence will be its new AI platform name, and users can expect it to arrive in new versions of the iPhone, iPad, and Mac operating systems. A partnership with OpenAI will also be announced that produces a ChatGPT-like chatbot in addition to new programs for the Vision Pro headset, Apple Watch, and TV platforms.

The highly anticipated fight between legendary boxer Mike Tyson and social media sensation Jake Paul has been rescheduled to Nov. 15, Netflix confirmed on Friday. Originally set for July 20, ESPN writes that Tyson needed more time to recover from an ulcer flare-up that occurred on a flight from Miami to LA on May 26. In a statement, Tyson said he's going to "resume training shortly" and promised the result will be the same — Paul is "getting knocked out."

Bad Boys: Ride or Die, the fourth installment of the film franchise starring Will Smith and Martin Lawrence, made $5.9 million in Thursday previews, per a Friday report from Variety. The movie is expected to earn $45-50 million this weekend on a production budget of $100 million. Bad Boys for Life, the franchise's third movie that premiered in January 2020, raked in $6.4 million in Thursday previews and eventually went on to become the highest-grossing movie of the year with $426 million made worldwide.

Amazon and Formula 1 have teamed up to unveil the first-ever generative AI-inspired F1 trophy, making its debut at this weekend's AWS Canadian Grand Prix in Montréal. The trophy is made by a UK-based silversmith who combined cutting-edge technology with F1 traditions to create the highly coveted award. This is just the beginning of a fruitful partnership between both sides, which will eventually see the inclusion of more generative AI in various aspects of Formula 1 with the goal of increasing operational efficiency.

Boardroom's Michelai Graham is on the ground at the Canadian GP. Be sure to subscribe to Tech Talk, where she'll break down how big tech shows up across the Formula 1 circuit. >>>

Headwear powerhouse New Era announced Friday it will acquire fellow hat label '47 in a deal that is expected to generate around $2 billion in annual revenue for the combined brands. The release didn't divulge the financial terms of the purchase, but we do know the deal will close by the end of this year. New Era plans to increase products and expand globally, while also bolstering '47's presence in North America.