The case comes at a sensitive time for OpenAI, which is worth a reported $852 billion as it works towards a potential IPO. The lab is also locked into a fierce competition with Anthropic, a rival AI lab in San Francisco that was founded by a group of former OpenAI employees.

Apple sues OpenAI for alleged trade secret theft. OpenAI's valuation hitting $1.75T by December at 17.5% YES.

A legal battle between Apple and OpenAI over the ChatGPT-maker's secretive device project escalated this week when the artificial intelligence (AI) developer called the…