Apple filed a trade secret lawsuit against OpenAI last Friday, and it’s not pulling any punches. The complaint alleges a pattern of misconduct reaching back to OpenAI’s hardware director and claims that more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully covered, and the timing couldn’t be worse, as the company is reportedly considering an initial public offering later this year.

In this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane delve into what the lawsuit could mean for OpenAI’s own hardware ambitions and IPO timeline, plus a broader topic recurring in the week’s news: how much should someone trust AI companies with their data?

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