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Elon Musk's xAI sues Apple and OpenAI, alleging anticompetitive collusion
TechCrunch· 2025-08-25 17:30
Core Argument - Elon Musk's X and xAI have filed a lawsuit against Apple and OpenAI, alleging collusion to suppress competition in the AI market [1] Group 1: Lawsuit Details - The lawsuit claims that Apple is attempting to protect its smartphone monopoly by collaborating with OpenAI, which is accused of being a monopolist in the generative AI chatbot market [1] - Musk's legal actions are part of ongoing disputes with OpenAI's CEO Sam Altman, including a previous attempt to block OpenAI's transition to a for-profit model and an unsolicited bid to acquire OpenAI for $97.4 billion [2] Group 2: Public Statements and Reactions - Musk has publicly accused OpenAI and Apple of creating an environment where no other AI company can compete effectively, stating that it is "impossible for any AI company besides OpenAI to reach 1 in the App Store" [3] - Sam Altman has responded to Musk's allegations, suggesting that Musk manipulates X to benefit his own interests while harming competitors [3] - OpenAI and Apple have not provided immediate comments regarding the lawsuit [4]
Elon Musk startup xAI sues Apple, ChatGPT creator over competitive practices
Proactiveinvestors NA· 2025-08-25 17:05
About this content About Proactive Proactive leads the world in up-to-the-minute, multi-media news provision, events organisation, investor relations management and investor research Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team s ...
Apple iPhone 17 Launch Could Trigger 'Sell The News' Reaction, Analyst Warns
Benzinga· 2025-08-25 16:40
Core Viewpoint - Apple Inc. is preparing for the launch of the iPhone 17 lineup in September, but consumer interest and carrier promotions appear to be less enthusiastic compared to previous product cycles [1][2]. Group 1: iPhone 17 Launch Details - The iPhone 17 lineup is expected to launch on September 9, with preorders starting on September 12 and in-store availability on September 19 [2]. - The new ultra-thin iPhone 17 Air will be priced $100 higher than the current Plus model [3]. - Apple is anticipated to unveil four models: Pro, Pro Max, Air, and base, all running iOS 26, with the Air model measuring just 5.55mm [6]. Group 2: Market Expectations and Projections - Analyst Wamsi Mohan maintains a Buy rating on Apple with a price target of $250, despite modest expectations for the upcoming iPhone cycle [1][4]. - iPhone shipments are projected to grow by 1% year-over-year in fiscal 2026, reaching 235 million units, aligning with Wall Street's estimate of 233 million units [4]. - Carrier promotions are expected to match last year's levels, but a more restrained promotional environment may lead to a softer holiday season [4]. Group 3: Potential Impact on Stock Performance - There is a possibility of a "sell the news" reaction following the iPhone event, although strong product demonstrations or unexpected pricing could enhance stock performance [5]. - Apple stock was trading higher by 0.28% at $228.40 as of the latest check [6].
Elon Musk Sues Apple, OpenAI Over iPhone AI Deal
CNET· 2025-08-25 16:38
Katelyn Chedraoui Writer IKatelyn is a writer with CNET covering artificial intelligence, including chatbots, image and video generators. Her work explores how new AI technology is infiltrating our lives, shaping the content we consume on social media and affecting the people behind the screens. She graduated from the University of North Carolina at Chapel Hill with a degree in media and journalism. You can reach her at kchedraoui@cnet.com. Expertise artificial intelligence, AI image generators, social me ...
Musk's XAI Sues Apple And OpenAI, Alleging App Store Collusion
Forbes· 2025-08-25 16:15
Core Viewpoint - Elon Musk's AI startup xAI has initiated legal action against Apple and OpenAI, alleging that the companies have "colluded" to suppress competition and hinder other AI firms from achieving prominence in the App Store, fulfilling Musk's previous claims of an "unequivocal antitrust violation" [1] Group 1 - xAI filed the lawsuit in conjunction with X Corp, the parent company of the social media platform [1]
Apple Patches Security After ‘Extremely Sophisticated' Cyberattack
PYMNTS.com· 2025-08-25 15:53
Core Insights - Apple has patched a zero-day vulnerability in its ImageIO framework, which was exploited in sophisticated targeted attacks [2][3] - The vulnerability involved an out-of-bounds write issue that could lead to memory corruption when processing malicious image files [3] - This incident is part of a broader trend of increasing zero-day vulnerabilities disclosed by Apple this year [2][4] Cybersecurity Trends - The rise of zero-day attacks has prompted the development of AI-first threat prevention platforms that proactively identify and address vulnerabilities [5] - There is a shift in cybersecurity economics, with AI-powered automated systems becoming more prevalent among companies, increasing from 17% to 55% in adoption from May to August 2024 [6]
Elon Musk sues Apple, Sam Altman's OpenAI for allegedly colluding to crush xAI
New York Post· 2025-08-25 15:51
Core Argument - Elon Musk has filed an antitrust lawsuit against Apple and OpenAI, alleging illegal collusion to suppress competition from xAI and other AI rivals [1][2][4] Group 1: Allegations of Anticompetitive Behavior - The lawsuit claims that Apple and OpenAI have collaborated to maintain their monopolies and hinder competition from innovators like xAI [2] - Musk's legal team asserts that the actions of Apple and OpenAI have caused harm to consumers by limiting their access to alternative chatbots and smartphones, resulting in higher costs and reduced quality [5] Group 2: Financial Implications - The lawsuit seeks to recover billions in damages related to the alleged anticompetitive conduct of Apple and OpenAI [4] - Musk's allegations suggest that consumers could pay less for smartphones and access comparable or superior generative AI features if not for the defendants' misconduct [5] Group 3: Background Context - The lawsuit follows a history of conflict between Musk and OpenAI, with Musk previously accusing Apple of suppressing his apps at the behest of OpenAI [7][8] - Musk has publicly questioned Apple's App Store practices, highlighting the ranking of his apps compared to OpenAI's offerings [8]
Apple plotting iPhone lineup overhaul, including ‘foldable' version by 2026: report
New York Post· 2025-08-25 15:48
Core Viewpoint - Apple is planning a significant redesign of its iPhone lineup over the next three years to boost sales, starting with the iPhone Air model in September and culminating in a foldable iPhone in 2026 [1][3]. Group 1: iPhone Redesign Plans - The iPhone Air will feature a thinner and lighter design but will have drawbacks such as reduced battery life and only one rear camera [2]. - The iPhone 17 series will be launched this fall with minimal upgrades, primarily focusing on camera improvements and additional color options [2]. - The foldable iPhone, codenamed "V68," is expected to debut next year with four cameras and is set to enter full production early next year [3]. Group 2: Market Context and Challenges - Apple is facing challenges with stagnant iPhone sales, which are crucial for the company's revenue [4][10]. - The company has struggled with the rollout of AI features, particularly with the Siri voice assistant, which is part of its broader "Apple Intelligence" initiative [6]. - Apple has been impacted by tariffs on manufacturing partners, which could add $1.1 billion to costs in the current quarter [7]. Group 3: Strategic Shifts - In response to challenges, Apple is reducing its reliance on China for manufacturing by shifting production to India and the US [9]. - The company is also navigating an antitrust case from the Justice Department, which accuses it of illegal practices to maintain its iPhone ecosystem dominance [9].
Elon Musk's companies sue Apple and OpenAI, accusing them of an 'anticompetitive scheme'
Business Insider· 2025-08-25 15:45
Elon Musk is following through on his threat to sue Apple — and he's launched yet another lawsuit against OpenAI, too. Two of Musk's companies sued Apple and OpenAI on Monday, accusing them of using their respective market position in the smartphone and generative AI markets to stifle the growth potential of his own tech companies.Musk's social media company, X, and his artificial intelligence company, xAI, which operates Grok, accused Apple and OpenAI in a lawsuit of running an "anticompetitive scheme" th ...
Musk companies sue Apple, OpenAI alleging anticompetitive scheme
CNBC· 2025-08-25 15:10
Core Viewpoint - Elon Musk's companies, xAI and X, have filed a lawsuit against Apple and OpenAI, alleging an anticompetitive scheme to suppress AI competitors and maintain monopolies in the smartphone and generative AI markets [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Apple and OpenAI have "colluded" to hinder competition in the smartphone and generative AI sectors [1]. - It specifically accuses Apple of deprioritizing "super apps" and generative AI chatbot competitors, including xAI's Grok, in its App Store rankings [2]. - The complaint warns that without court intervention, the defendants will continue their unlawful conduct, negatively impacting competitors like xAI [2].