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OpenAI Hires Counsel to Send Apple Breach Notice Over ChatGPT Deal

OpenAI has retained outside counsel and is preparing a breach-of-contract notice against Apple after the two-year ChatGPT partnership failed to drive subscriptions due to limited Siri integration. The move follows Apple's January 2026 switch to Google's $1B-per-year Gemini deal and comes as OpenAI's separate trial with Elon Musk nears conclusion. Earlier in the period, the U.S. Supreme Court denied Apple's bid to pause a contempt ruling in the Epic Games case, and Rave Inc. filed antitrust suits in five countries seeking reinstatement and hundreds of millions in damages. AAPL shares dipped 1% on May 14 reports before rebounding 1% on May 15.

Category

Apple

Sentiment

Bearish

Event

Legal action

Reading time

1 min