alt Hacker News> This is two of the largest, most powerful, most well-capitalized companies on the planet in a legal fight.
OpenAI being well-capitalized made me laugh out loud, thanks for the humor :)
Apple has a ridiculous amount of cash, AA credit, and makes $100B of net income per year. OpenAI has none of those attributes, what they do have is investors willing to bankroll them, for now.
OpenAI just closed the largest funding round in SV history, $122 billion. The idea that you’d find it laugh out loud funny to call them well-capitalized just reveals your bias.
OpenAI has plenty of cash to fight this. Apple having hundreds of billions doesn’t actually mean anything in a legal fight that might cost OpenAI nine figures in legal fees, maybe? If it goes for years?
A historic judgment against OpenAI (zero chance of that here) might actually drive them out of business, but they’re far beyond the threshold of being well-capitalized enough to fight Apple on this for years.
This is a nothingburger.