Apple Sues OpenAI at Worst Possible Moment

Apple filed a trade secrets lawsuit against OpenAI last Friday, alleging misconduct reaching OpenAI's chief hardware officer and noting over 400 former Apple employees now work there. OpenAI's response has been carefully hedged. The timing is particularly damaging as OpenAI eyes an IPO as early as this year. TechCrunch's Equity podcast explores the lawsuit's impact on OpenAI's hardware ambitions and IPO timeline, alongside broader questions about trusting AI companies with sensitive data.