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🌐 NewsJuly 11, 2026

Apple Sues OpenAI Over AI Talent Fight

Bloomberg Tech host Ed Ludlow says Apple's lawsuit against OpenAI reflects an intensifying battle for AI talent and hardware leadership, with Apple alleging former employees improperly took trade secrets as OpenAI expands its device ambitions. He also says SK Hynix expects AI memory demand to outpace supply, plans to increase US investment beyond $35 billion, and sees the next test for the AI boom coming as technology companies report earnings and investors assess whether spending is translating into profits. (Source: Bloomberg)

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https://www.bloomberg.com/news/videos/2026-07-11/apple-sues-openai-over-ai-talent-fight-video