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

Ethereum Price Surge Forces Whale to Dump 2,000 ETH Tokens, Realizes $2.59 Million Loss

13/07/2025

DePIN Project dKloud Secures Revolutionary $3.15M Funding Boost

13/07/2025

Cardano Founder Proposes Ecosystem Treasury for ADA, Midnight, and The Top 50 Native Tokens

13/07/2025
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

    Demand outmints supply, who’s to blame?

    13/07/2025

    Bitcoin Long-Term Holders Data Hint When the Next All-Time High Might Be

    13/07/2025

    Bitcoin reclaims $109K after Trump pushes back 50% EU tariff deadline

    13/07/2025

    staking, liquid staking tokens and vaulted strategies

    13/07/2025

    Ethereum Price Surge Forces Whale to Dump 2,000 ETH Tokens, Realizes $2.59 Million Loss

    13/07/2025

    Unprecedented 29.26% of ETH Supply Staked

    13/07/2025

    Joseph Lubin on His Ecosystem

    13/07/2025

    Crypto Investor Ryan Sean Adams Calls Ethereum the Next World Reserve Asset

    13/07/2025

    Cardano Founder Proposes Ecosystem Treasury for ADA, Midnight, and The Top 50 Native Tokens

    13/07/2025

    AP Token Price Explodes as Elon Musk Unveils America Party Plans

    13/07/2025

    Filecoin and Akave Cloud Unlock Next-Gen Data Storage Power

    13/07/2025

    Analytics Firm CEO Says “Follow the Whales for Price”, Reveals Four Altcoins That Whales Are Heavily Long on!

    13/07/2025

    Volume Plunges While Transactions Soar

    11/07/2025

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    10/07/2025

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    10/07/2025

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    09/07/2025

    Ethereum Price Surge Forces Whale to Dump 2,000 ETH Tokens, Realizes $2.59 Million Loss

    13/07/2025

    DePIN Project dKloud Secures Revolutionary $3.15M Funding Boost

    13/07/2025

    Cardano Founder Proposes Ecosystem Treasury for ADA, Midnight, and The Top 50 Native Tokens

    13/07/2025

    Demand outmints supply, who’s to blame?

    13/07/2025
  • Blockchain

    Bullish is migrating its entire trading, custody, and settlement infrastructure to Solana

    13/07/2025

    Stability World AI Joins Forces with BearFAI to Revolutionize AI Utility Across Web3

    13/07/2025

    Logic Meets Modularity in this Big Partnership

    13/07/2025

    Band Protocol Unveils V3, A New Era of Multichain and Lightning-fast Data for Web3

    13/07/2025

    All Franklin Templeton products will one day be onchain, exec says

    12/07/2025
  • DeFi

    Nasdaq-Listed Firm Secures $200M in Financing, with Over $150M Tied to Solana Treasury Strategy

    12/07/2025

    TaskOn Partners DEXTools to Bolster Web3 Community Participation

    12/07/2025

    InceptionLRT is shutting down just six months after raising $3.5 million in seed funding

    12/07/2025

    Aave gains 18% weekly amid ecosystem growth, stablecoin dominance

    12/07/2025

    Plume Launches SkyLink on TRON to Enable Real-World Asset Yields

    11/07/2025
  • Metaverse

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025
  • Regulation

    DePIN Project dKloud Secures Revolutionary $3.15M Funding Boost

    13/07/2025

    Israel Will Buy BTC and ETH and Give it to a Gambling Offender

    13/07/2025

    Coinbase CEO Reacts to Major Crypto Institutional Milestone: Details

    13/07/2025

    KraneShares Unveils Pioneering Opportunity for Digital Asset Investors

    13/07/2025

    One of the Largest Cryptocurrency Banks in the US Has Asked Its Customers to Sell Three Cryptocurrencies, Sparking Controversy

    13/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Coinbase Lists 4 New Cryptocurrencies After Securing License in New York

    12/07/2025

    Cumberland Unveils Massive 13,100 ETH Withdrawal from Binance

    12/07/2025

    Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle

    12/07/2025

    Aevo unveils platform offering 1000x leverage on select stocks like MSTR and CRCL

    12/07/2025

    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

    Why Are So Many Crypto Games Shutting Down? Experts Weigh In

    12/07/2025

    The Real Lifestyle and WILDGO Partner to Transform Tokenized Real Estate

    12/07/2025

    Blazpay and Onmi AR Unite to Elevate Web3 Gaming Experience

    10/07/2025

    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

    09/07/2025

    Q3 Bitcoin Mining Map Exposes Silent Surge in Russia, China, While US Dips Slightly

    13/07/2025

    Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

    13/07/2025

    CKpool rolls out low-latency pool after solo miner racks up 3.175 BTC reward

    13/07/2025

    CoreWeave Fusion Dance, $1 Billion Day for Bitcoin ETFs and Strategy’s Bye Week

    12/07/2025

    Crypto traders ‘talking to lawyers’ over Polymarket’s Zelenskyy suit bet

    12/07/2025

    US Senate targets Bukele’s El Salvador, bill calls to sanction BTC strategy

    12/07/2025

    Tornado Cash Judge Won’t Let One Case Be Mentioned in Roman Storm’s Trial: Here’s Why

    12/07/2025

    Trump Ally Compares Crypto Industry Writing Its Own Rules to Spilled ‘Urine Sample’

    12/07/2025

    Ethereum Price Surge Forces Whale to Dump 2,000 ETH Tokens, Realizes $2.59 Million Loss

    13/07/2025

    DePIN Project dKloud Secures Revolutionary $3.15M Funding Boost

    13/07/2025

    Cardano Founder Proposes Ecosystem Treasury for ADA, Midnight, and The Top 50 Native Tokens

    13/07/2025

    Demand outmints supply, who’s to blame?

    13/07/2025
  • 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

Crypto traders ‘talking to lawyers’ over Polymarket’s Zelenskyy suit bet

12/07/2025

US Senate targets Bukele’s El Salvador, bill calls to sanction BTC strategy

12/07/2025

Tornado Cash Judge Won’t Let One Case Be Mentioned in Roman Storm’s Trial: Here’s Why

12/07/2025

Trump Ally Compares Crypto Industry Writing Its Own Rules to Spilled ‘Urine Sample’

12/07/2025
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

Ethereum Price Surge Forces Whale to Dump 2,000 ETH Tokens, Realizes $2.59 Million Loss

13/07/2025

DePIN Project dKloud Secures Revolutionary $3.15M Funding Boost

13/07/2025

Cardano Founder Proposes Ecosystem Treasury for ADA, Midnight, and The Top 50 Native Tokens

13/07/2025
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.