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Apple Fights OpenAI in Trade-Secret War as Hardware Talent Drain Mounts

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The Story

News Summary

  • Apple faces mounting risks as OpenAI recruits roughly 400 former employees for its hardware division, sparking a federal trade-secret lawsuit.
  • Despite shares rising 2.5%, Apple's surging R&D costs and talent drain to an emerging AI hardware rival raise long-term competitive and valuation concerns.
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AAPL price history

331.34 +19.70% over the displayed period

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