Keep pulling the thread on Cheng Lu.
Apple is suing OpenAI for trade secret theft.
Apple's lawsuit against OpenAI alleges that Tang Tang, now head of OpenAI's hardware division, encouraged new hires to bring proprietary information and parts from Apple.
Approximately 400 employees have left Apple to join OpenAI.
OpenAI has been discussing building its own hardware device, which is why it hired 400 people from Apple.
OpenAI's hardware initiative is likely "on the bubble" and may be cut.
Meta is charging developers to use its models for the first time with the release of Muse Spark 1.1.
With Spark 1.1, Meta has shifted from an open-weight model to a paid API business model, similar to other frontier labs.
Greylock has raised its newest fund, Greylock 18, totaling $1.5 billion.
Anthropic's valuation has potentially increased from $9 billion to $50 billion since the beginning of the year.
Enterprise revenue for OpenAI and Anthropic from software use cases is approaching 20% of the total US spend on developer salaries.
Software companies will likely tolerate spending about 10% of their revenue on AI, creating a potential $140 billion market from the $1.4 trillion software industry.
SK Hynix's NASDAQ listing was the largest ever by a foreign company, and its stock increased 13% on the first day of trading.