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How Apple's big lawsuit could disrupt OpenAI's IPO plans
Watch as Equity digs into what the lawsuit could mean for OpenAI's hardware ambitions and IPO timeline, plus a bigger theme running through the week's news: how much should anyone trust AI companies with their data?
TL;DR
- Apple filed a trade secrets lawsuit against OpenAI last Friday.
- The lawsuit alleges a pattern of misconduct extending to OpenAI's chief hardware officer.
- Over 400 former Apple employees are reportedly now working at OpenAI.
- The lawsuit's timing is critical as OpenAI is reportedly considering an IPO.
- The situation raises questions about the trustworthiness of AI companies with data.