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

Ethereum’s New Holder Count Jumped 110% Since December’s Fusaka Upgrade

09/01/2026

Fragmentation drains up to $1.3B a year from tokenized assets: Report

09/01/2026

Bitcoin Exchange Binance Announces It Will Delist Numerous Altcoin Trading Pairs! Here Are the Details

09/01/2026
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

    Ethereum’s New Holder Count Jumped 110% Since December’s Fusaka Upgrade

    09/01/2026

    Big Bull Tom Lee Reveals Short and Long-Term Predictions for Ethereum (ETH)! “New ATH…”

    09/01/2026

    5 Arguments Dismantling Tom Lee’s Case for BitMine’s Share Expansion

    09/01/2026

    Ethereum developer activity hits record as smart contract deployments surge in late 2025

    09/01/2026

    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

    Clone-X NFTs Soar 200% as Nike Sells RTFKT

    08/01/2026

    Nike Quietly Sells RTFKT After Shutting Down Web3 Operations

    07/01/2026

    NFT Paris and RWA Paris 2026 canceled after late-2025 crypto market crash

    05/01/2026

    Why Pudgy Penguins Turned to This Toy Guru to Reach the Masses

    04/01/2026

    Ethereum’s New Holder Count Jumped 110% Since December’s Fusaka Upgrade

    09/01/2026

    Fragmentation drains up to $1.3B a year from tokenized assets: Report

    09/01/2026

    Bitcoin Exchange Binance Announces It Will Delist Numerous Altcoin Trading Pairs! Here Are the Details

    09/01/2026

    Is Smart Money Moving Into Crypto in India? Institutional Buying Jumps in 2025

    09/01/2026
  • Blockchain

    opBNB activates the Fourier mainnet hardfork

    09/01/2026

    Lloyds Bank completes UK’s first gilt purchase using tokenized deposits

    09/01/2026

    Ethereum and Solana clash over what blockchain resilience really means

    09/01/2026

    Orexn and WORLD3 Partner to Expand AI-Driven Web3 Launch and Engagement Infrastructure

    09/01/2026

    EDF Group and droppRWA agree deal to tokenize energy assets onchain in Saudi Arabia

    09/01/2026
  • DeFi

    Seamlessly Connect Fiat Deposits to Crypto Staking Rewards

    09/01/2026

    Crypto gold promoters claim 80% APR amid speculative mania

    09/01/2026

    Institutional demand pushes Aave horizon RWA borrows to $200M all-time high

    08/01/2026

    SunPump Launches V2 Router Upgrade to Streamline DeFi Trading

    08/01/2026

    Babylon Bitcoin staking protocol secures $15M investment from a16z Crypto

    08/01/2026
  • Metaverse

    Yuga Labs Acquires Otherside Creator Platform From Improbable

    27/12/2025

    Meta CEO Mark Zuckerberg Made a Decision That Will Deeply Affect Metaverse Projects! Here Are the Details

    05/12/2025

    Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg

    04/12/2025

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025
  • Regulation

    Fragmentation drains up to $1.3B a year from tokenized assets: Report

    09/01/2026

    Is Smart Money Moving Into Crypto in India? Institutional Buying Jumps in 2025

    09/01/2026

    Oracle TikTok deal lifts AI mining stocks as bitcoin tags $88,000

    09/01/2026

    Bitcoin gains as yen surprises after Japan raises rates: Crypto Daybook Americas

    09/01/2026

    Cardano Founder Says Global Financial System Is a Ponzi Scheme Headed Toward $500T in Unpayable Debt

    09/01/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitcoin Exchange Binance Announces It Will Delist Numerous Altcoin Trading Pairs! Here Are the Details

    09/01/2026

    WalletConnect Pay set to bring crypto payments to mainstream commerce in 2026

    09/01/2026

    Polymarket declines to settle Venezuela invasion prediction market

    09/01/2026

    XRP Supply Shock? 22M Tokens Leave Exchanges

    09/01/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    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

    Elderglade and EtherForge Partner to Advance Web3 Gaming

    09/01/2026

    Salvo Games and Alpha X Partnership Brings AI-Powered On-chain Intelligence to Web3 Gaming

    05/01/2026

    ChainAware Joins Elderglade to Accelerate On-Chain Gaming Advancement

    03/01/2026

    PlaysOut and Blazpay Unite to Combine Web3 Gaming and DeFi Solutions

    02/01/2026

    Trump could use Greenland for 10,000 EH/s Bitcoin mining hub from stranded energy if it becomes a part of the US

    09/01/2026

    Russian stakeholders expect reprieve from expansion of regional mining bans this year

    08/01/2026

    Bitcoin miners chase AI demand as Nvidia says Rubin is already in production

    07/01/2026

    Sigel makes raising AI capital look easy

    07/01/2026

    Washington’s new crypto bill would strip states of power

    08/01/2026

    U.S Crypto Regulation in Focus as CLARITY Act Shapes Market Outlook for 2026

    08/01/2026

    RWA Tokenization Declared Illegal in China’s Devastating 2025 Regulatory Crackdown

    08/01/2026

    Goldman Sachs sees regulation driving next wave of institutional crypto adoption

    08/01/2026

    Ethereum’s New Holder Count Jumped 110% Since December’s Fusaka Upgrade

    09/01/2026

    Fragmentation drains up to $1.3B a year from tokenized assets: Report

    09/01/2026

    Bitcoin Exchange Binance Announces It Will Delist Numerous Altcoin Trading Pairs! Here Are the Details

    09/01/2026

    Is Smart Money Moving Into Crypto in India? Institutional Buying Jumps in 2025

    09/01/2026
  • MarketCap
NBTC News
Home»Legal»Hoskinson Sees Elon Musk Lawsuit as a Non-Profit Dilemma
Legal

Hoskinson Sees Elon Musk Lawsuit as a Non-Profit Dilemma

NBTCBy NBTC07/03/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Charles Hoskinson, the founder of Cardano, has recently voiced his perspective on the lawsuit filed by Elon Musk against OpenAI and its co-founders, Sam Altman and Gregory Brockman. This legal action marks a significant point of contention, spotlighting the debate over the foundational principles of OpenAI.

Initially established as an open-source, non-profit entity, OpenAI has faced criticism from Musk for allegedly straying from its original mission. Charles Hoskinson’s commentary underscores the broader implications of the lawsuit, highlighting it as a potential landmark case that could redefine the operational boundaries of non-profit organizations in the tech industry.

Allegations at the Heart of the Lawsuit

At the core of Musk’s lawsuit is the accusation that Altman and Brockman diverged from the agreement to maintain OpenAI as a non-profit organization. Musk, who was instrumental in establishing OpenAI with a $100 million investment, claims that the defendants breached their contractual obligations. This breach is purportedly evidenced by the strategic shift in 2018 when OpenAI Global LLC was incorporated and, more pointedly, with the release of GPT-4 in 2023.

The lawsuit details Musk’s concerns regarding OpenAI’s partnership with Microsoft, suggesting that the collaboration was heavily commercialized, undermining the non-profit ethos OpenAI built. According to the complaint, this relationship with Microsoft, poised to profit significantly from the sale of GPT-4, exemplifies the departure from OpenAI’s original mission.

Charles Hoskinson Weighs in on the Elon Musk Lawsuit

Charles Hoskinson’s analysis of the lawsuit sheds light on the nuanced challenges facing non-profit organizations in the tech sector. By emphasizing the tax evasion implications of operating as a non-profit while engaging in commercial product development, Hoskinson points to a systemic issue. The partnership between OpenAI and Microsoft, particularly around the GPT-4 technology, serves as a case study in this dilemma.

Microsoft’s integration of GPT-4 into its Copilot service, alongside its financial arrangements with OpenAI, illustrates the commercial potential of such collaborations. With Copilot’s pricing set at $30 per user per month and the projection of substantial revenue growth, the financial dynamics of this partnership raise questions about the balance between non-profit intentions and commercial operations.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Washington’s new crypto bill would strip states of power

08/01/2026

U.S Crypto Regulation in Focus as CLARITY Act Shapes Market Outlook for 2026

08/01/2026

RWA Tokenization Declared Illegal in China’s Devastating 2025 Regulatory Crackdown

08/01/2026

Goldman Sachs sees regulation driving next wave of institutional crypto adoption

08/01/2026
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

Ethereum’s New Holder Count Jumped 110% Since December’s Fusaka Upgrade

09/01/2026

Fragmentation drains up to $1.3B a year from tokenized assets: Report

09/01/2026

Bitcoin Exchange Binance Announces It Will Delist Numerous Altcoin Trading Pairs! Here Are the Details

09/01/2026
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.