Apple (AAPL) has filed a motion to dismiss xAI’s lawsuit, which alleges that Apple’s ChatGPT integration stifles competition, saying it plans to integrate other chatbots, Bloomberg’s Robert Burnson reports. Elon Musk’s AI startup and his social media platform X sued Apple and OpenAI in August, seeking billions of dollars in damages over their claim that the iPhone maker’s favoritism toward OpenAI, inhibited innovation in the AI industry and deprived consumers of choices.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- U.K. orders Apple to create backdoor for cloud data, FT reports
- Apple is past peak demand for iPhone 17, says UBS
- Apple price target raised to $298 from $240 at Morgan Stanley
- Positive Outlook for Apple Driven by Strong iPhone Demand and New Product Launches
- Apple (AAPL) Faces New U.K. Government Order Demanding Access to Personal Data