WS #11839
Apple filed a federal lawsuit against OpenAI and two former employees, alleging systematic theft of trade secrets to accelerate OpenAI's consumer hardware development, marking a major escalation in their rivalry. SK Hynix ADR listing on Nasdaq raised ~$26.5 billion, shares opened 14% higher, reinforcing AI chip demand narrative. Meta removed the Muse AI tool from Instagram after users exploited it to generate deepfakes, following widespread backlash.
Apple sues OpenAI for trade secret theft
Apple filed a federal lawsuit against OpenAI and two former employees, alleging systematic theft of trade secrets to accelerate OpenAI's consumer hardware development, marking a major escalation in their rivalry.
SK Hynix ADR listing on Nasdaq raised ~$26.5 billion, shares opened 14% higher, reinforcing AI chip demand narrative.
Meta removed the Muse AI tool from Instagram after users exploited it to generate deepfakes, following widespread backlash.