OpenAI's recent collaboration with renowned designer Jony Ive for a project involving screenless AI devices has quickly developed legal issues. Following an announcement of the venture's anticipated worth of $6.5 billion, another company, Iyo, filed a lawsuit alleging theft of ideas and trademark rights. Iyo claims that OpenAI was aware of its product since 2022 and that there was prior interaction where they were invited to share intellectual property, only for OpenAI to launch a similar product afterwards. A judge's ruling has resulted in the removal of references to this project from OpenAI's marketing materials, indicating ongoing legal scrutiny.
As the pair claimed in an interview with Bloomberg, their secretive new venture - which will apparently involve the creation of screenless AI devices with an unknown form factor that see and hear everything you do - is slated to be worth about $6.5 billion.
According to Iyo's suit, which was filed in a California district court and also includes that weird photo of Altman and Ive, marketing for io has caused significant confusion in the marketplace, such that the market is presently confused as to who owns rights to the trademark.
The company also alleges that OpenAI has been aware of its earbud-worn 'audio computer' since 2022, and that Iyo not only had meetings with Altman and Ives' representatives, but was also asked outright to share with them its intellectual property just before announcing a product that was eerily similar to the smaller company's.
It's only been a month since OpenAI announced its secretive new project with iPhone designer Jony Ive - and already, the partnership is in legal hot water.
Collection
[
|
...
]