Skip to main content
Back to News Hub
🟢TechCrunch AI
July 17, 2026
Funding & Investment

How Apple's big lawsuit could disrupt OpenAI's IPO plans

Overview

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 [...]

Key Takeaways

  • Watch as Equity digs into what the lawsuit could mean for OpenAI's hardware ambitions and IPO timeline, plus a bigger theme running through the week's news: how much should anyone trust AI companies with their data?

    OpenAI's response so far has been carefully hedged, and the timing couldn't be worse with the company reportedly eyeing an IPO as early as later this year.

  • On this episode of TechCrunch's Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O'Kane dig into what the lawsuit could mean for OpenAI's own hardware ambitions and IPO timeline, plus a bigger theme running through the week's news: how much should anyone trust AI companies with their data?
  • Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network's flagship podcast.

    Before joining TechCrunch in 2022, she was one of 2 producers at a four-station conglomerate where she wrote, recorded, voiced and edited content, and engineered live performances and interviews from guests like lovelytheband.

  • Theresa is based in New Jersey and holds a bachelors degree in Communication from Monmouth University.

    Join 1,000+ founders and VCs at all stages for real-world scaling insights and connections that move the needle.

  • Savings end June 26, 11:59 p.m. PT .

Stats & Key Facts

  • #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.
  • #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.

Watch as Equity digs into what the lawsuit could mean for OpenAI's hardware ambitions and IPO timeline, plus a bigger theme running through the week's news: how much should anyone trust AI companies with their data? 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 as early as later this year. On this episode of TechCrunch's Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O'Kane dig into what the lawsuit could mean for OpenAI's own hardware ambitions and IPO timeline, plus a bigger theme running through the week's news: how much should anyone trust AI companies with their data?

You also can follow Equity on X and Threads , at @EquityPod. Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network's flagship podcast. Before joining TechCrunch in 2022, she was one of 2 producers at a four-station conglomerate where she wrote, recorded, voiced and edited content, and engineered live performances and interviews from guests like lovelytheband.

For more details please read the original article at TechCrunch AI.

Continue Learning

Comments

Comments appear only after moderation. Your email identifies your submission to the moderator and is never displayed here.

No approved comments yet.

Originally published by TechCrunch AI
Read the original