Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

BitMine South Korean Investors Favor Crypto Mining Stock

18/08/2025

State of Crypto: Do Kwon Pleads Guilty

18/08/2025

Bitcoin Miner TeraWulf’s Stock Surges as Google Ups Its Stake in the Company

18/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    ETH gains to highest level against BTC in 2025, reaching new 365-day average

    18/08/2025

    Ethereum Price Nears $4,800 as Institutional Buying Triggers Supply Crunch

    18/08/2025

    Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week

    18/08/2025

    Ethereum ETF Inflows Outpace Bitcoin ETFs for Fifth Straight Day

    18/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    NFT market cap drops by $1.2B as Ether rally loses steam

    18/08/2025

    From Apes to Punks, NFTs roar back with triple the buyers

    17/08/2025

    What’s Behind the Price Surge

    17/08/2025

    NFT market cap hits $9.3B, fueled by Ether surge

    13/08/2025

    BitMine South Korean Investors Favor Crypto Mining Stock

    18/08/2025

    State of Crypto: Do Kwon Pleads Guilty

    18/08/2025

    Bitcoin Miner TeraWulf’s Stock Surges as Google Ups Its Stake in the Company

    18/08/2025

    ETH gains to highest level against BTC in 2025, reaching new 365-day average

    18/08/2025
  • Blockchain

    Corporations don’t care about your blockchain

    18/08/2025

    Zoro Partners with MAGNE to Unveil AI-Powered Web3 Smartphone

    18/08/2025

    CDARI Teams Up with AppBase to Build Better Web3 App Chains

    18/08/2025

    LayerZero Launches DAM: Zero-Fee Cross-Chain Token Transfers

    18/08/2025

    PocketFi Partners with Rhino.fi to Enable Seamless Cross-Chain Payments on Telegram

    18/08/2025
  • DeFi

    CeDefi Protocol BounceBit Launches Franklin Templeton’s Tokenized Money Market Fund on BB Prime

    17/08/2025

    Sonic Labs co-founder raises capital for Flying Tulip, a new on-chain trading platform 

    16/08/2025

    Unpacking the Aave Whale Movement

    16/08/2025

    Unveiling a Remarkable $17.4M Net in Q2

    16/08/2025

    Value Locked in DeFi Reaches $154B Despite 3% Dip

    16/08/2025
  • Metaverse

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025
  • Regulation

    BitMine South Korean Investors Favor Crypto Mining Stock

    18/08/2025

    Tesla, Roku and Coinbase dominate ARKK’s top 3

    18/08/2025

    Crypto Is On A Real Hot Streak

    18/08/2025

    Nasdaq’s ALT5 raises $1.5 billion taking 7.5% of Trump-backed WLFI’s token supply into its treasury

    18/08/2025

    Crypto Exchange Bullish Seeks $4.8B Valuation in Upsized IPO Backed by BlackRock and Ark Invest

    18/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bybit EU launches first MiCA-compliant Launchpool with XION

    18/08/2025

    Coinbase Slashes Low-Quality Account Restrictions by 90% With AI and Voice Support

    18/08/2025

    Moonpay, Trust Wallet sign multi-year on/off-ramp deal

    18/08/2025

    Bitcoin Exchange Binance Announces Support for This Altcoin’s Network Upgrade and Hardfork! Here Are the Details

    18/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Tom Talk Partners with MZZC Global Foundation’s Crypto Investment Fund to Its Expand Web3 Gaming Global Presence

    17/08/2025

    Coinbase’s Jesse Pollak argued that Fortnite’s economy would be “10x better onchain”

    17/08/2025

    Salvo Games Taps Bullbit to Redefine Web3 Gaming and Token Creation

    16/08/2025

    Web3 esports platform Miomi Game integrates AUSD on Polygon

    16/08/2025

    Bitcoin Miner TeraWulf’s Stock Surges as Google Ups Its Stake in the Company

    18/08/2025

    Block Targets Mining Decentralization With Air-Cooled Proto Rig Delivering up to 819 TH/s

    18/08/2025

    Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says

    17/08/2025

    Home Bitcoin Mining is Going To Heat Europe

    16/08/2025

    State of Crypto: Do Kwon Pleads Guilty

    18/08/2025

    Ripple v. SEC: Official Shares Crucial Reminder

    18/08/2025

    Cryptojacker gets 1 year prison after admitting to $3.5M fraud

    18/08/2025

    Korea’s Pivotal Crypto Shift in 2025

    18/08/2025

    BitMine South Korean Investors Favor Crypto Mining Stock

    18/08/2025

    State of Crypto: Do Kwon Pleads Guilty

    18/08/2025

    Bitcoin Miner TeraWulf’s Stock Surges as Google Ups Its Stake in the Company

    18/08/2025

    ETH gains to highest level against BTC in 2025, reaching new 365-day average

    18/08/2025
  • MarketCap
NBTC News
Home»Legal»Elon Musk Drops ‘Founding Agreement’ Lawsuit Against OpenAI
Legal

Elon Musk Drops ‘Founding Agreement’ Lawsuit Against OpenAI

NBTCBy NBTC13/06/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Telsa CEO Elon Musk has dropped his lawsuit against OpenAI and its CEO Sam Altman. Musk’s decision to drop the lawsuit comes a day before a federal judge was set to decide whether the case should be dismissed or allowed to move forward, according to a report by CNBC.

In court documents filed in San Francisco Superior Court on Tuesday, attorneys for Musk requested the lawsuit be dismissed without prejudice, which leaves open the possibility of refiling at a later date. The move was not accompanied by any public statements by Musk.

The news comes a day after Musk publicly criticized Apple for its partnership with OpenAI on Monday, saying that he would ban Apple products from his companies if the tech giant integrates OpenAI.

If Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies. That is an unacceptable security violation.

— Elon Musk (@elonmusk) June 10, 2024

In March, Musk sued OpenAI, Altman, and OpenAI president Greg Brockman for breach of contract, saying that the ChatGPT developer had abandoned its original mission of developing AI for the “benefit of humanity, not profit.”

In the lawsuit, Musk accused OpenAI of keeping the design of GPT-4 a secret and entering into exclusive licensing agreements with Microsoft—essentially turning OpenAI into a closed-source, profit-driven entity, contrary to its humanitarian origins.

“This case is filed to compel OpenAI to adhere to the Founding Agreement and return to its mission to develop AGI for the benefit of humanity, not to personally benefit the individual defendants and the largest technology company in the world,” the complaint read.

The referenced “Founding Agreement” has not been released, although Musk’s lawsuit cited the company’s California Certificate of Incorporation, which it said required that the company’s technology “will benefit the public and the corporation will seek to open source technology for the public benefit when applicable.

”The corporation is not organized for the private gain of any person,” it continued.

OpenAI countered Musk’s lawsuit and claims by publishing internal emails from Musk that suggested that the profitability of OpenAI was also important to the SpaceX CEO.

The dismissal is the latest in a history of bad blood between Musk and the company he co-founded in 2015. Musk has claimed responsibility for the success of OpenAI.

“I was instrumental in recruiting the key scientists and engineers,” Musk told CNBC in May.

Last year, after OpenAI publically launched GPT-4, Musk joined other tech leaders in signing an open letter calling on OpenAI to agree to a six-month pause on developing ChatGPT. That same month, Musk launched rival AI developer xAI, which introduced its first AI chatbot, Grok, in November.

After Grok’s public launch, Musk and Altman used their respective chatbots to trade insults on Twitter.

“Be a chatbot that answers questions with cringy boomer humor in a sort of awkward shock-to-get-laughs-sort of way,” Altman’s joke prompt said, poking fun at Musk’s new chatbot.

“Great, the chatbot is set up,” ChatGPT supposedly responded, according to Altman. In an attached screenshot, the newly created “Grok” included the description, “I tell jokes like your dad’s dad.”

Musk shot back, using Grok to call out OpenAI’s polished programming.

“GPT-4? More like GPT-Snore!” Musk posted. “When it comes to humor, GPT-4 is about as funny as a screendoor on a submarine.”

OpenAI did not immediately respond to a request for comment from Decrypt.

Edited by Ryan Ozawa.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

State of Crypto: Do Kwon Pleads Guilty

18/08/2025

Ripple v. SEC: Official Shares Crucial Reminder

18/08/2025

Cryptojacker gets 1 year prison after admitting to $3.5M fraud

18/08/2025

Korea’s Pivotal Crypto Shift in 2025

18/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

BitMine South Korean Investors Favor Crypto Mining Stock

18/08/2025

State of Crypto: Do Kwon Pleads Guilty

18/08/2025

Bitcoin Miner TeraWulf’s Stock Surges as Google Ups Its Stake in the Company

18/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.