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How Apple’s big lawsuit could disrupt OpenAI’s IPO plans
TechCrunch74d agobearish
How Apple’s big lawsuit could disrupt OpenAI’s IPO plans

Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the timing couldn’t be worse with the company reportedly eyeing an IPO […]

DeepSeek Round 2? A New Chinese AI Model Deepens Chip Stock Selloff.
Barrons.com74d agobearish
DeepSeek Round 2? A New Chinese AI Model Deepens Chip Stock Selloff.

The Dow was down 0.3%, or 155 points. Moonshot AI launched Kimi K3, an open-source model that, which the company said outperforms some of the top U.S. models from Anthropic and OpenAI. "Kimi-k3 is this quarter’s DeepSeek moment," Futurum CEO Daniel Newman said.