WS #11840
Apple filed a federal lawsuit accusing OpenAI of systematically stealing trade secrets via former employees, including hardware chief Tang Tan, to build its own AI hardware, marking a sharp rupture from their prior partnership. SK Hynix shares surged ~14% on Nasdaq debut after raising $26.5 billion, the largest US listing by a foreign company, reinforcing AI chip demand narrative.
Apple sues OpenAI for trade secret theft
Apple filed a federal lawsuit accusing OpenAI of systematically stealing trade secrets via former employees, including hardware chief Tang Tan, to build its own AI hardware, marking a sharp rupture from their prior partnership.
SK Hynix shares surged ~14% on Nasdaq debut after raising $26.5 billion, the largest US listing by a foreign company, reinforcing AI chip demand narrative.