Apple lawsuit threatens OpenAI's IPO plans

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Apple filed a trade secrets lawsuit against OpenAI last Friday, and it's not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the timing couldn’t be worse with the company reportedly eyeing an IPO as early as later this year.
On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what the lawsuit could mean for OpenAI’s own 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?
Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify, and all the casts. You can also follow Equity on X and Threads, at @EquityPod.
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Loading the player…
Apple filed a trade secrets lawsuit against OpenAI last Friday, and it's not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the timing couldn’t be worse with the company reportedly eyeing an IPO as early as later this year.
On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what the lawsuit could mean for OpenAI’s own 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?
Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify, and all the casts. You can also follow Equity on X and Threads, at @EquityPod.
OpenAI fights Apple trade secret lawsuit
OpenAI rebutted Apple’s trade secret allegations on Tuesday, arguing the lawsuit is unfounded.“We take these claims seriously but see no evidence supporting them,” OpenAI stated, as reported by Bloomberg’s Ed Ludlow on X. “We support fair competition
Apple's New Hardware Chief John Ternus Steers Vision for Future Products
Loading the player…The Ternus era at Apple has officially begun.Tim Cook stepped down as CEO this week, handing leadership to former hardware chief John Ternus. Ternus’s first memo promised a “huge launch next week,” meaning the next iPhone event lan
Apple’s Trade Secrets Lawsuit Against OpenAI: The Wildest Allegations
Apple’s trade secret lawsuit against OpenAI contains numerous extraordinary allegations, depicting a coordinated effort to extract confidential information from current and former Apple employees. Most striking is the casual tone of the alleged misco





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