Apple Sues OpenAI Over Misuse of AI Trade Secrets
Apple is seeking a court injunction against OpenAI and two former employees in an ongoing trade secrets lawsuit. The company claims that OpenAI misused its artificial intelligence-related intellectual property and wants to block any further use of the disputed technology.
This move comes as Apple continues to invest in AI capabilities across its product and services ecosystem. Despite this, Apple's shares are trading around $303.42, up 12.0% year-to-date but down 10.8% over the past week.
The company is pursuing this injunction request at a time when its stock price shows significant gains over longer periods, with a 71.1% increase over three years and 113.5% over five years.