S&P 5007,575.39▲0.4% Nasdaq26,281.61▲0.3% Dow52,637.01▲0.3% Russell 2K2,977.81▼0.5% 10-Yr4.57%+3bp VIX15.03−0.81 WTI$71.51▼0.8% Gold$4,128.90▼0.0% EUR/USD1.142▼0.0% BTC$64,104▼0.0% Nikkei67,744▲1.4%
At close · Fri, Jul 10, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsTrade & TariffsApple sues OpenAI over alleged trade secret theft

Apple sues OpenAI over alleged trade secret theft

The lawsuit stems from a 2024 partnership in which ChatGPT was integrated into iPhone operating system features, CNBC reports.

Apple has filed a lawsuit against OpenAI, alleging trade secret theft and describing the alleged conduct as occurring across the companies, according to CNBC Markets and CNBC World.

The dispute is tied to a 2024 partnership between Apple and OpenAI, when ChatGPT was integrated into the iPhone's operating system.

CNBC World and CNBC Markets both point to the integration effort as the context for the legal claims, with Apple arguing the alleged wrongdoing reached multiple levels of the collaboration.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.