$AAPL and OpenAI Face Off in Court Over Alleged Theft of Apple Trade Secrets as OpenAI Targets $1.4 Trillion...
JUST IN: Apple ($AAPL) and OpenAI face off in court today over alleged theft of Apple trade secrets, as OpenAI targets a $1.4 trillion valuation ahead of a potential IPO.
Apple accuses OpenAI of using former employees to obtain confidential hardware designs and technology to accelerate its entry into consumer devices.
Apple is seeking an immediate court order blocking the use of the allegedly stolen information, while OpenAI denies wrongdoing and is pushing to dismiss the lawsuit entirely.