OpenAI valuation by december 31 ↗

OpenAI seeks dismissal of Apple’s trade secret theft lawsuit

WSJAxiosCoinbureauNew York Post · 39d ago · ✓ 4 sources
YES 6% ▼10¢ since publish
Dec 31 Updated 2min ago
OpenAI seeks dismissal of Apple’s trade secret theft lawsuit
Photo: Tima Miroshnichenko / Pexels

OpenAI has publicly responded to Apple’s allegations of trade secret theft, emphasizing that it has “no use, need or desire” for Apple’s confidential information. The dispute, which involves two former Apple employees now at OpenAI, has been unfolding since Apple filed a lawsuit in July 2026. OpenAI’s response includes a request for the court to dismiss the case, citing a lack of substantial evidence from Apple. The legal battle highlights the competitive landscape as AI companies, including OpenAI, increasingly venture into consumer hardware markets.

Key Takeaways

  • OpenAI’s rebuttal appears to challenge the validity of Apple’s lawsuit, suggesting the claims lack detailed evidence.
  • Market pricing suggests a potential impact on OpenAI’s valuation, with concerns about reputation and investor confidence possibly affecting future valuation scenarios.
  • The ongoing legal proceedings may indicate broader competitive tensions in the tech industry, particularly in the AI and hardware domains.

What to Watch

Observers will be keen to see how the court responds to OpenAI’s dismissal request and whether Apple will provide further evidence to support its claims. Developments in this case could influence market expectations around OpenAI’s valuation, particularly if the dispute affects its partnerships or consumer perception. Any new statements or legal motions from either company may further impact market pricing and investor sentiment.

Term Structure
Contract Odds Δ since publish Volume 24h
December 31 5.2% -2.3¢ $265 View market →
December 31 6.5% -16.5¢ $158 View market →
December 31 1.2% -4.3¢ — View market →
December 31 6.4% -9.1¢ $1K View market →
December 31 26.5% -4¢ $5 View market →
January 1 2027 2.9% -0.2¢ — View market →
January 1 2027 1.7% -0.9¢ — View market →
January 1 2027 69.5% +4¢ $58 View market →
January 1 2027 6% -15¢ — View market →
January 1 2027 2.5% -8.5¢ $39 View market →
January 1 2027 100% +16.5¢ — View market →
January 1 2027 11.5% -14.5¢ $117 View market →
January 1 2027 4.2% -13.3¢ — View market →
January 1 2027 2.9% -3.6¢ $20 View market →
Updated 2min ago