OpenAI asked a federal judge to dismiss Apple’s lawsuit alleging the iPhone maker stole trade secrets, arguing the claims “have no merit.” OpenAI said Apple’s filing mischaracterizes its employees’ conduct in the dispute. The case is likely to be a valuation overhang for both companies but does not, by itself, signal a clear near-term financial change.
OpenAI asked a federal judge to dismiss Apple’s lawsuit alleging the iPhone maker stole trade secrets, arguing the claims “have no merit.” OpenAI said Apple’s filing mischaracterizes its employees’ conduct in the dispute. The case is likely to be a valuation overhang for both companies but does not, by itself, signal a clear near-term financial change.
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