OpenAI vs. Apple: Altman "Not Afraid" Amid Lawsuit

OpenAI CEO Sam Altman says he is "not afraid of Apple" after the tech giant sued his company. Apple alleges trade secret theft, claiming OpenAI encouraged its employees to share information about upcoming products. The lawsuit names Tang Tan, OpenAI's chief hardware officer, who previously worked at Apple for 25 years. He joined OpenAI last year when the company bought out LoveFrom, a startup he joined after leaving Apple. This legal action marks a dramatic shift for the two companies, who were once close partners. OpenAI has powered Apple Intelligence and Siri, but their relationship has recently soured. OpenAI states it has "no interest in other companies’ trade secrets." Meanwhile, Altman also clashed with Elon Musk on X, with Musk accusing Altman of "scamming." Investors are closely watching OpenAI as it prepares for a potential public listing, with some reports suggesting a delay until next year. OpenAI currently trails rival Anthropic in annual revenue run rate and valuation. This lawsuit could impact OpenAI's IPO plans.