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OpenAI has removed a promotional video featuring CEO Sam Altman and Apple design legend Jony Ive from its website and YouTube due to a court order tied to a trademark dispute. The issue stems from a lawsuit filed by iyO, a startup from Alphabet’s X lab, over OpenAI’s use of the name “io” for Altman and Ive’s device venture. The judge issued a restraining order citing possible consumer confusion. Despite the video takedown, Bloomberg’s Mark Gurman reports that the $6.5 billion deal involving io remains intact, and OpenAI confirmed the legal dispute does not impact the agreement. The video can still be viewed on X while OpenAI considers the next steps.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02OpenAI has removed a promotional video featuring CEO Sam Altman and Apple design legend Johnny Ive
00:07from its website and YouTube due to a court order tied to a trademark dispute.
00:11Issue stems from a lawsuit filed by IYO, started from Alphabet's XLab,
00:15over OpenAI's use of the name I.O. for Altman and Ive's device venture.
00:20Judges issued a restraining order, citing possible consumer confusion.
00:23Despite the video takedown, Bloomberg's Mark Gurman reports that the $6.5 billion deal
00:28involving IYO remains intact.
00:30And OpenAI confirmed a legal dispute does not impact the agreement.
00:33Video can still be viewed on X while OpenAI considers next steps.
00:37For all things money, visit Benzinga.com.

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