OpenAI Removes Material Related to Jony Ive Deal Following Trademark Lawsuit
This month, IYO, Inc., another maker of AI devices, sued io, the AI devices startup OpenAI acquired earlier this year, for trademark infringement.
Source:The Information
Source:The Information
OpenAI has removed marketing materials and a video related to its $6.5 billion acquisition of io, an AI devices maker started by iPhone designer Jony Ive and OpenAI CEO Sam Altman, following a trademark lawsuit.
Earlier this month, IYO, Inc., another maker of AI devices, sued Ive’s io, alleging trademark infringement. The lawsuit is separate from the deal with OpenAI, which is still set to close, an OpenAI spokesperson said. Earlier this year, IYO and OpenAI held meetings about a potential collaboration and about OpenAI potentially participating in IYO’s fundraising, according to the filing.
“We don’t agree with the complaint and are reviewing our options,” the OpenAI spokesperson said.