Apple’s (AAPL) two-year-old partnership with OpenAI has become “strained” as the AI startup fails to see the expected benefits from the deal, people familiar with the matter told Bloomberg’s Mark Gurman. OpenAI lawyers are actively working with an outside legal firm on a range of options that could be formally executed in the near future, which could include sending the iPhone maker a notice alleging breach of contract without necessarily filing a full lawsuit to begin, the sources told Gurman.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- 3 Low-Cost Vanguard ETFs with 14%+ Upside Potential
- Why Is Vanguard Total Stock Market (VTI) ETF Rising Today, 5/14/26?
- Apple price target raised to $365 from $330 at Evercore ISI
- QQQ vs. QQQM — Which Invesco ETF Is the Better Buy Right Now?
- Poland working on digital services tax on large platforms, Bloomberg reports
