Microsoft-backed (MSFT) OpenAI is preparing possible legal action against Apple (AAPL) as the partnership between the two companies has become strained, Bloomberg reported Thursday, citing people familiar with the matter.
OpenAI's lawyers are working with an outside law firm on a range of options, including sending Apple a notice alleging breach of contract without actually filing a full lawsuit at the outset, the report said, citing the people.
OpenAI and Apple didn't immediately reply to requests for comment from.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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