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

AI agents with crypto could escape and become ‘unstoppable,’ experts warn

08/07/2026

Cardano Hits Major Milestone on Road to Dijkstra Era

08/07/2026

SWIFT Moves 75% of Global Payments in 10 Minutes — Is XRP the Missing Piece?

08/07/2026
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

    Is This the Hidden Reason Behind Bitcoin’s $23K Collapse in Just 6 Weeks?

    08/07/2026

    Bitcoin – BTC sticks to $62K as $1B Binance leverage wipes out

    08/07/2026

    Peter Schiff Questions Bitcoin ‘Cheap’ Narrative as Strategy Shares Tumble

    08/07/2026

    Strategy Shares Slide Below $100 as Bitcoin Holdings Lose Their Shine

    08/07/2026

    US spot Ethereum ETFs attract $29M in net inflows for second consecutive day

    07/07/2026

    Ethereum Withdrawals on Binance Hit 3-Year High

    07/07/2026

    Ethereum Price Jumps 5% Above $1,700 as Bitcoin Reclaims $60K — Here Are the Next Targets

    07/07/2026

    Ethereum Eyes $1,857 as New Institutional Group Launches

    07/07/2026

    Cardano Hits Major Milestone on Road to Dijkstra Era

    08/07/2026

    The Litecoin ETF quietly launched. Is the altcoin ETF era here?

    08/07/2026

    A new Bittensor proposal would turn validators into something like fund managers

    08/07/2026

    Only 7 Shiba Inu (SHIB) Addresses Are Selling, Data Shows

    08/07/2026

    BIG3 NFT Buyers Sue Ice Cube’s Basketball League Over Alleged Unfulfilled Promises

    08/07/2026

    Cristiano Ronaldo Retirement Puts Billion-Dollar NFT Market to the Test

    06/07/2026

    Bonk-Owned NFT Marketplace Exchange Art to Shut Down on August 1

    04/07/2026

    Element NFT Marketplace Expands Reach to Ink to Enhance NFT Accessibility

    27/06/2026

    AI agents with crypto could escape and become ‘unstoppable,’ experts warn

    08/07/2026

    Cardano Hits Major Milestone on Road to Dijkstra Era

    08/07/2026

    SWIFT Moves 75% of Global Payments in 10 Minutes — Is XRP the Missing Piece?

    08/07/2026

    UNDP signed agreement with Stellar to scale blockchain payments after pilots in 5 countries

    08/07/2026
  • Blockchain

    UNDP signed agreement with Stellar to scale blockchain payments after pilots in 5 countries

    08/07/2026

    RGB and UTEXO Enable Private Lightning Settlements

    08/07/2026

    Token Terminal Brings On-Chain Data to CMC AI and CoinMarketCap

    08/07/2026

    L1s face decentralization ‘tug-of-war’ as adoption grows: Injective CEO

    08/07/2026

    SodaBot and SumPlus Unite to Advance Secure AI-Powered Web3 Automation

    08/07/2026
  • DeFi

    Venom Foundation Seeks DeFi Insurance Partner to Strengthen On-Chain Security

    07/07/2026

    MakerDAO Endgame Timeline Puts DAI’s Next Identity Shift On The Clock

    07/07/2026

    Invesco’s Tokenized Treasury Fund USTB Sees 300% Surge in Aave Deposits During Q2

    07/07/2026

    DeFi RWA Sector TVL Surges 200% to $7.44B, Defying Broader Market Slowdown

    07/07/2026

    New SummerFi DeFi exploit shows AI automation now sits above smart contract risk

    07/07/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    AI agents with crypto could escape and become ‘unstoppable,’ experts warn

    08/07/2026

    Tech Workers Pay Escorts $23K a Day for AI and Crypto Conversations

    08/07/2026

    Asian stocks attempt recovery after sharp selloff as bond yields and rate-hike bets weigh on outlook

    08/07/2026

    Metaplanet weighs stock repurchases after mNAV falls to 0.92x

    08/07/2026

    BlackRock warns of energy shock as May CPI is set to show acceleration in inflation

    08/07/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    SWIFT Moves 75% of Global Payments in 10 Minutes — Is XRP the Missing Piece?

    08/07/2026

    After $70M Zengo Deal, eToro Strategic Investment Eyes Onchain Perps

    08/07/2026

    Bitcoin Suisse Subsidiary Secures ADGM License for Crypto Services in Abu Dhabi

    08/07/2026

    Crypto cards set new records in June, with $245M in top-ups in the best week to date

    08/07/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    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

    Yield Guild Games Sunsets YGG Play Publishing Unit, Cuts 35 Jobs

    06/07/2026

    GO1 and Xiaohai Set up Potential Rematch at EWC 2026 Fatal Fury Bracket in Paris

    06/07/2026

    Nexus Acquires Homegrown App Marketplace One Store, Expanding into Global Web3 Game Hub

    21/06/2026

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    Galaxy turns Helios Bitcoin mine into AI hub for CoreWeave

    08/07/2026

    Bitdeer’s New 1 PH/s Mining Rig Cuts Hardware Needs by 99.9% Since 2015

    08/07/2026

    How 100-Degree Temps Impacted Bitcoin Mining

    07/07/2026

    Bitcoin Miner Stress Hits ‘Historically Rare’ Level as 20% of Miners Operate at a Loss

    07/07/2026

    Trump pushes Saudi Arabia and Qatar to recognize Israel as part of Iran deal framework

    08/07/2026

    Iran and US negotiate framework deal covering sanctions relief, Strait of Hormuz access, and crypto’s role in the conflict

    07/07/2026

    China restricts overseas travel for top AI talent at Alibaba and DeepSeek

    07/07/2026

    CNN sues Perplexity for copyright infringement over AI-generated content

    07/07/2026

    AI agents with crypto could escape and become ‘unstoppable,’ experts warn

    08/07/2026

    Cardano Hits Major Milestone on Road to Dijkstra Era

    08/07/2026

    SWIFT Moves 75% of Global Payments in 10 Minutes — Is XRP the Missing Piece?

    08/07/2026

    UNDP signed agreement with Stellar to scale blockchain payments after pilots in 5 countries

    08/07/2026
  • 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

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Trump pushes Saudi Arabia and Qatar to recognize Israel as part of Iran deal framework

08/07/2026

Iran and US negotiate framework deal covering sanctions relief, Strait of Hormuz access, and crypto’s role in the conflict

07/07/2026

China restricts overseas travel for top AI talent at Alibaba and DeepSeek

07/07/2026

CNN sues Perplexity for copyright infringement over AI-generated content

07/07/2026
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

AI agents with crypto could escape and become ‘unstoppable,’ experts warn

08/07/2026

Cardano Hits Major Milestone on Road to Dijkstra Era

08/07/2026

SWIFT Moves 75% of Global Payments in 10 Minutes — Is XRP the Missing Piece?

08/07/2026
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.