CatalystTech/AI
OPENAI VOWS NOT TO USE TRADE SECRETS ALLEGEDLY TAKEN FROM APPLE
OpenAI addressing Apple trade secret allegations signals potential legal and competitive risks.
Context
What happened: OpenAI agreed not to use trade secrets Apple claims were taken by employees who left Apple for the startup, while their legal fight continues. A judge said he was highly likely to side with Apple.
Key numbers: 14 employees' devices subject to forensic images. Apple filed suit in July. OpenAI targets a $1.4 trillion valuation.
Why it matters: The deal gives Apple most of what it sought and lets OpenAI avoid an outright loss in its first substantive court showdown with Apple, which has clouded the startup as it prepares to go public.
What changed
OpenAI agreed not to use trade secrets Apple claims were taken by employees who left Apple for the startup, while their legal fight continues. A judge said he was highly likely to side with Apple.
Why it matters
The deal gives Apple most of what it sought and lets OpenAI avoid an outright loss in its first substantive court showdown with Apple, which has clouded the startup as it prepares to go public.