Judge Trina L. Thompson has granted a seven-day pause in iyO’s trademark lawsuit against OpenAI and Jony Ive at the parties’ request, as they work to finalize a settlement. Here are the details.
OpenAI and iyO near settlement
According to new court filings, iyO and OpenAI have told Judge Trina L. Thompson that they have reached an agreement in principle and requested a seven-day pause to finalize the settlement details in their ongoing lawsuit.
As a refresher, shortly after OpenAI announced it was acquiring Jony Ive’s io Products startup to build a new generation of AI devices, iyO filed a lawsuit accusing the companies of infringing its trademarks.
iyO later amended the complaint to add trade secret claims, alleging that io Products’ co-founder Tang Tan had obtained confidential information about its technology and product designs through a former iyO executive.
