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AXIOS (Herb Scribner) - Apple, OpenAI legal fight keeps escalating. Here's how we got here

Apple and OpenAI are escalating their legal fight over allegations that the ChatGPT maker used Apple employees to obtain closely guarded hardware secrets. Why it matters: If the case makes it to the discovery process, two of the most secretive companies in tech could be forced to reveal sensitive information about how they recruit talent, develop hardware and protect confidential information. Driving the news: On Monday, OpenAI responded to Apple's preliminary injunction request that asked a judge to block OpenAI from using any potential confidential information or trade secrets while the lawsuit remains in motion. - In its response, OpenAI said: "This dispute is a mess of Apple's own making, and it is trying to blame everyone else." -…

Apple and OpenAI are escalating their legal fight over allegations that the ChatGPT maker used Apple employees to obtain closely guarded hardware secrets. Why it matters: If the case makes it to the discovery process, two of the most secretive companies in tech could be forced to reveal sensitive information about how they recruit talent, develop hardware and protect confidential information. Driving the news: On Monday, OpenAI responded to Apple's preliminary injunction request that asked a judge to block OpenAI from using any potential confidential information or trade secrets while the lawsuit remains in motion. - In its response, OpenAI said: "This dispute is a mess of Apple's own making, and it is trying to blame everyone else." -…Open

AXIOS (Ina Fried) - Tim Cook's legacy hinges on Apple's AI bet

For better or worse, Tim Cook's legacy is likely to be determined by something we don't really know the answer to yet: the company's bet to build its AI strategy partly around other companies' models. Why it matters: In the short term, the move could save substantial sums compared with building and operating a frontier-model business of its own, but it's left Apple dependent on Google for some of its most important AI capabilities. Driving the news: As John Ternus officially takes over today as Apple CEO, much of the analysis of Cook's tenure has focused on his record. - On the positive side, he has more than quadrupled annual revenue and grown Apple's market capitalization by an even higher amount, to more than $4 trillion. - And he…

For better or worse, Tim Cook's legacy is likely to be determined by something we don't really know the answer to yet: the company's bet to build its AI strategy partly around other companies' models. Why it matters: In the short term, the move could save substantial sums compared with building and operating a frontier-model business of its own, but it's left Apple dependent on Google for some of its most important AI capabilities. Driving the news: As John Ternus officially takes over today as Apple CEO, much of the analysis of Cook's tenure has focused on his record. - On the positive side, he has more than quadrupled annual revenue and grown Apple's market capitalization by an even higher amount, to more than $4 trillion. - And he…Open

AXIOS (Emily Peck) - How golden was Tim Cook's Apple?

Data: Financial Modeling Prep; Chart: Erin Davis/Axios Visuals Apple CEO Tim Cook hands the reins over to John Ternus Tuesday, stepping down after 15 years of running the company. Why it matters: He had an epic run. By the numbers: When Cook took over in August 2011, Apple's stock was trading at $13.35. It closed at $316.61 on Monday. Zoom in: That 2,272% gain easily outpaced the growth of the major stock indexes. - The company's market cap — the value of all its outstanding shares — is now $4.7 trillion, up from $347 billion in 2011. - Stunning stat: Under Cook, Apple's market cap grew by $32 million an hour for 15 years, Bank of America calculated last month. The big picture: Cook's big innovation was taking the company from its…

Data: Financial Modeling Prep; Chart: Erin Davis/Axios Visuals Apple CEO Tim Cook hands the reins over to John Ternus Tuesday, stepping down after 15 years of running the company. Why it matters: He had an epic run. By the numbers: When Cook took over in August 2011, Apple's stock was trading at $13.35. It closed at $316.61 on Monday. Zoom in: That 2,272% gain easily outpaced the growth of the major stock indexes. - The company's market cap — the value of all its outstanding shares — is now $4.7 trillion, up from $347 billion in 2011. - Stunning stat: Under Cook, Apple's market cap grew by $32 million an hour for 15 years, Bank of America calculated last month. The big picture: Cook's big innovation was taking the company from its…Open