iyO Secures Litigation Funding from Omni Bridgeway in Case Against OpenAI

May 29, 2026
iyO has partnered with global litigation funder Omni Bridgeway to support its ongoing trademark and trade secret lawsuit against OpenAI, Sam Altman, Jony Ive, and others. The company previously won a preliminary injunction in April 2026, with the court finding it likely to succeed on the merits of its trademark claim.

iyO has partnered with Omni Bridgeway to finance its ongoing federal trademark and trade secret litigation against OpenAI, Sam Altman, Jony Ive, and others, announced in a press release. The disclosure was filed under the Northern District of California's local rules identifying Omni Bridgeway as the litigation funder.

The case, filed in June 2025, involves claims of trademark infringement and trade secret misappropriation following OpenAI's use of the "io" name. A temporary restraining order was issued in June 2025 and upheld by the Ninth Circuit Court of Appeals in December 2025. In March 2026, iyO expanded the case to include trade secret claims under both California and federal law.

On April 23, 2026, U.S. District Judge Trina L. Thompson granted iyO a preliminary injunction, finding the company likely to succeed on its trademark claim and at risk of irreparable harm. The litigation continues under case number 25-cv-04861-TLT in the Northern District of California.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like AI Policy Brief or Daily AI Brief.

Also, consider following us on social media:

AI Safety & Regulation AI Brief AI Brief (X)

More from: Regulation

05/29
Municipal Data and Power Plans $90 Billion Green Energy Bond for New York AI Infrastructure
05/28
5WPR Launches Defense Practice Focused on AI Visibility for Defense Firms
05/28
Hahn and Escalent Release Data Center Communications Playbook to Address Public Opposition
05/28
Linux Foundation Releases OpenMDW 1.1, NVIDIA Adopts Framework for Open AI Models
05/28
Form.io and Contentstack Partner to Combine Composable Experiences with Compliant Data Collection

Subscribe to AI Policy Brief

Weekly report on AI regulations, safety standards, government policies, and compliance requirements worldwide.

AI Token Webinar

Market report

AI’s Time-to-Market Quagmire: Why Enterprises Struggle to Scale AI Innovation

ModelOp

The 2025 AI Governance Benchmark Report by ModelOp provides insights from 100 senior AI and data leaders across various industries, highlighting the challenges enterprises face in scaling AI initiatives. The report emphasizes the importance of AI governance and automation in overcoming fragmented systems and inconsistent practices, showcasing how early adoption correlates with faster deployment and stronger ROI.

Read more

You May Also Like