Apple has filed a lawsuit against OpenAI and two former Apple employees in the U.S. District Court in Northern California, alleging the misappropriation of trade secrets related to Apple’s hardware and supplier information. The proceedings claim that OpenAI leveraged confidential Apple data to bolster its own consumer-device initiatives. This legal action is consistent with Apple’s history of aggressively protecting its intellectual property. Prediction markets reflect decreased confidence in OpenAI reaching high valuation targets, with odds at only 8 % for a $2.5 trillion valuation by year-end.
Source: Read the original article
