🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

🔥 1 person is talking about this

AI device startup that sued OpenAI and Jony Ive is now suing its own ex-employee over trade secrets - The Economic Times

Economic Times

Economic Times · 7h ago

AI device startup that sued OpenAI and Jony Ive is now suing its own ex-employee over trade secrets - The Economic Times

A legal battle unfolds as tech startup iyO Inc. sues OpenAI and Jony Ive over trademark infringement and a former employee for leaking trade secrets. The dispute centers on innovative AI interfaces, a lucrative frontier. OpenAI acquired io Products for $6.5 billion, sparking the conflict. A judge allowed the case to progress, ordering temporary brand suspension. Accusations extend to IyO’s ex-executive Dan Sargent for meeting with io's co-founder, further complicating the scenario.

4

Related News

Ex-Apple designer Jony Ive, OpenAI's Sam Altman in talks for AI hardware: report

Economic Times

Economic Times · 1y ago

Ex-Apple designer Jony Ive, OpenAI's Sam Altman in talks for AI hardware: report

Former Apple design chief Jony Ive and OpenAI CEO Sam Altman are reportedly discussing the development of a new artificial intelligence (AI) hardware device. The details of the device are not disclosed yet, and it is uncertain whether they will proceed with its production. SoftBank CEO Masayoshi Son has also been involved in the discussions, although it is unclear if he will remain involved. Jony Ive played a vital role in Apple's design, including the iconic iMac and iPhone, before leaving the company in 2019. OpenAI has garnered significant success with its ChatGPT chatbot, attracting substantial investments from companies like Microsoft and Alphabet.

Ex-ASML Employee Suspected of Stealing Trade Secrets, NOS Says

Livemint

Livemint · 7m ago

Ex-ASML Employee Suspected of Stealing Trade Secrets, NOS Says

A former employee of ASML Holding NV, a Dutch chip-manufacturing equipment company, is being sued in the Netherlands for allegedly stealing trade secrets. The 43-year-old Russian engineer is accused of stealing documents related to microchip manuals from ASML and is facing multiple violations of sanctions legislation. This incident follows previous data breaches involving ASML, including accusations against a former Chinese employee and a company called Dongfang Jingyuan Electron Ltd. ASML has reported the incident and the company’s spokesperson has stated that they will not comment further during the lawsuit.

Altman, Apple ex-designer Jony Ive's startup to raise $1 bn

Internet

Internet · 1y ago

Altman, Apple ex-designer Jony Ive's startup to raise $1 bn

An AI startup founded by OpenAI CEO Sam Altman and Apple's former Chief Design Officer Jony Ive is in talks to raise up to $1 billion, The Information reported. The startup has reportedly held discussions with SoftBank CEO Masayoshi Son, Emerson Collective and Thrive Capital. As per the report, the startup aims to make an AI-powered personal device.

Chip startup Rivos says Apple intimidates workers who ‘dare to leave’

Economic Times

Economic Times · 1y ago

Chip startup Rivos says Apple intimidates workers who ‘dare to leave’

Chip startup Rivos is counter-suing Apple, alleging that the tech giant enforces restrictive agreements preventing employees from working elsewhere, stifling emerging companies that hire its staff. Rivos and six ex-Apple employees are asking the court to rule Apple's non-disclosure and non-solicit agreements as "overbroad" and unenforceable. Apple had previously sued Rivos and former employees for allegedly luring away engineers and stealing proprietary information. The dispute revolves around "system-on-chip" technology. Rivos argues that Apple's agreements discourage employee mobility and competition. The case highlights concerns over trade secrets, employee mobility, and competition in the tech industry.

We're getting closer to OpenAI's first device

Business Insider

Business Insider · 1y ago

We're getting closer to OpenAI's first device

Sam Altman and Jony Ive are reportedly working on OpenAI's first hardware device. Tang Tan, an Apple executive, has joined LoveFrom, Ive's design firm, to work on the hardware engineering of the new AI device, with OpenAI providing the software. The collaboration between Altman and Ive has sparked speculation about a potential AI device that could challenge the dominance of the iPhone. Altman has previously expressed that any AI hardware product he creates will not seek to replace the smartphone.

OpenAI’s next big bet won’t be a wearable: report | TechCrunch

TechCrunch · 1m ago

OpenAI’s next big bet won’t be a wearable: report | TechCrunch

OpenAI is reportedly developing a compact, screenless AI device, according to the Wall Street Journal. Unlike wearables, this device is designed to integrate seamlessly into daily life as an AI companion, described by CEO Sam Altman as a "third core device." This follows OpenAI's acquisition of startup io, founded by ex-Apple designer Jony Ive, for $6.5 billion. Altman believes this innovation could significantly increase the company’s market value, yet stresses the importance of secrecy.

A Silicon Valley supergroup is coming together to create an AI device

Economic Times

Economic Times · 1y ago

A Silicon Valley supergroup is coming together to create an AI device

Sam Altman, founder of OpenAI, and Jony Ive, former Apple designer, are reportedly teaming up to develop a revolutionary AI device that could surpass smartphones. The device aims to leverage AI capabilities in a new form factor, potentially unconstrained by the conventional rectangular screen. Altman and Ive have already presented early concepts and sought funding of up to $1 billion from SoftBank. This partnership highlights the increasing impact of generative AI and the potential for "ambient computing" devices that can process real-time information and provide virtual assistance. The project could offer an alternative to relying on Apple or Google for distribution.

OpenAI to launch iPod-sized AI device: Reports

YourStory

YourStory · 1m ago

OpenAI to launch iPod-sized AI device: Reports

OpenAI plans to launch its first consumer hardware, a compact, screenless device about the size of an iPod Shuffle, by 2027. Developed with Jony Ive, former Chief Design Officer at Apple, and backed by SoftBank, the device aims to introduce hands-free, voice-activated interaction using OpenAI's AI assistant technology. The initiative marks OpenAI's shift towards hardware, emphasizing simplicity and ambient voice interaction, with potential challenges in design, privacy, and competition with major tech companies.

What in the world are Jony Ive and Sam Altman building?

The Verge

The Verge · 1m ago

What in the world are Jony Ive and Sam Altman building?

The tech industry is abuzz with speculation about a new AI device from OpenAI CEO Sam Altman and design icon Jony Ive, following OpenAI's acquisition of Ive’s startup for $6.5 billion. The gadget, not a phone or glasses, is touted as a 'third core' device, screenless and pocket-sized. With features like cameras and microphones, it could redefine mobile computing. Its release is anticipated around 2026-2027, amid keen interest and mystery.

Mphasis, ex-employee spar in US court over impersonation claims

Livemint

Livemint · 24d ago

Mphasis, ex-employee spar in US court over impersonation claims

Mphasis is embroiled in a legal dispute with a former employee, Albert Rojas, who was fired for allegedly stealing proprietary information. Mphasis accuses Rojas of impersonating its CEO, sending threatening emails, and exposing trade secrets online. Rojas defends his actions as protected whistleblower activity, claiming he aimed to highlight Mphasis's security issues. The court has issued restraining orders against him, and both parties seek damages and legal resolutions in this ongoing case.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Flexport CEO calls out India’s ‘u ...

ChatGPT is testing a mysterious n ...

Jack Dorsey working on Bluetooth ...

Download the medial app to read full posts, comements and news.