Sam Altman in talks with Trump to give US government 5% stake in OpenAI
OpenAI CEO Sam Altman is reportedly in discussions with President Trump about granting the US government a 5% equity stake in OpenAI. The Financial Times reported the talks, which relate to Altman's earlier promise that Americans would share in the wealth created by AI.
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Apple sues OpenAI, accuses ex-employees of stealing trade secrets
Apple has filed a lawsuit against OpenAI, alleging that former employees stole trade secrets related to AI technology. The case, reported on July 10, 2026, centers on claims that OpenAI used Apple's proprietary data and models without permission. This legal action could have significant implications for AI development and corporate IP protection.
Apple sues OpenAI for allegedly stealing AI hardware trade secrets
Apple has filed a lawsuit against OpenAI, accusing the company of stealing AI hardware trade secrets in a scheme allegedly driven by OpenAI's head of hardware and other levels of the organization. The lawsuit highlights a pattern of alleged malicious practices by OpenAI.
DeepSeek plans to develop its own AI chips to bypass US export controls
DeepSeek, the Chinese startup behind competitive LLMs, is planning to enter the silicon business by developing its own AI chips, according to Reuters. The company has been working on the move for about a year, meeting with potential hardware partners and hiring engineers for the project. This move is seen as a response to US export controls that restrict Chinese access to advanced semiconductors.
Hugging Face CEO says open source AI booming, used by half of Fortune 500
Hugging Face CEO Clem Delangue reports that open source AI is booming, with the platform now used by roughly half of the Fortune 500. The company has grown into a GitHub-like hub for AI, where builders share and download open models and datasets.
Hugging Face CEO reports open-source AI boom, used by half of Fortune 500
Hugging Face CEO Clem Delangue stated that open-source AI is booming, with the platform now used by roughly half of the Fortune 500. The company has evolved into a GitHub-like hub for AI, where builders share and download open models and datasets.

