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

Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal

11/02/2026

Hong Kong continues to support local digital asset community growth, chief executive says

11/02/2026

MegaETH debuts mainnet as Ethereum scaling debate heats up

11/02/2026
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

    Tom Lee says BitMine’s $6 billion ether paper loss is “by design”

    10/02/2026

    Ethereum price enters high-risk zone below $2.3K as network activity surges – further decline ahead?

    09/02/2026

    Ethereum MVRV Ratio Drops to 0.87 Signaling Potential Market Bottom at $1,959

    09/02/2026

    ETF Inflows Return At $14M But $112M Spot Outflows Keep Pressure On

    09/02/2026

    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

    GPT360 Taps Infiblue to Boost NFT Utility and Community Growth

    10/02/2026

    Pudgy Penguins Hit New York City With Valentine’s Day Pop-Up Event

    08/02/2026

    Justin Bieber Paid $1.3 Million for a Bored Ape NFT. It’s Now Worth $12K

    07/02/2026

    NFT market cap slides back to 2021 pre-hype levels, near $1.5B

    06/02/2026

    Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal

    11/02/2026

    Hong Kong continues to support local digital asset community growth, chief executive says

    11/02/2026

    MegaETH debuts mainnet as Ethereum scaling debate heats up

    11/02/2026

    Crypto enters round 2 of institutional adoption led by Morgan Stanley: Binance

    11/02/2026
  • Blockchain

    MegaETH debuts mainnet as Ethereum scaling debate heats up

    11/02/2026

    Ripple custody expands with Securosys and Figment to strengthen institutional digital asset services

    11/02/2026

    Hard Forks and Soft Forks in Blockchains

    11/02/2026

    $BZR Goes Live on zKSync to Streamline Crypto Payments at Low Fee

    11/02/2026

    Salvo Games Taps Snowball to Streamline Cross-Chain Payments and Identity in Web3

    11/02/2026
  • DeFi

    Superform and Pendle Finance Launch SuperWETH Market, Redefining Yield Efficiency in DeFi

    11/02/2026

    Onchain Options Volumes Hit All-Time Highs as Lending Yields Dry Up

    11/02/2026

    OneKey Ensure Advanced Onchain Trading Experience with Turbos Finance on Sei Network

    11/02/2026

    Andre Cronje’s Flying Tulip Gears Up for Public Sale

    10/02/2026

    Sushi Solana integration signals strategic DeFi expansion on a fast-growing blockchain

    10/02/2026
  • Metaverse

    Corning shares surge over 16% after Meta signs $6B data center deal

    27/01/2026

    Mark Zuckerberg’s Meta signs $6B fiber deal with Corning to expand US data centers

    27/01/2026

    Meta to cut 10% of metaverse arm this week amid AI push: Report

    13/01/2026

    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
  • Regulation

    Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal

    11/02/2026

    Crypto enters round 2 of institutional adoption led by Morgan Stanley: Binance

    11/02/2026

    NVIDIA and Lilly launch $1B AI lab to transform drug discovery and manufacturing

    11/02/2026

    Mitsui to offer retail access to digital securities tied to aircraft and ships

    11/02/2026

    Here’s how much TSLA stock Tesla insiders sold in 2026

    11/02/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Trader publishes open letter after Binance lawsuit over ‘10/10’ crash allegations

    11/02/2026

    Bitcoin Exchange Binance Lists Stocks of Major Companies on its Futures Trading Platform! Here Are the Details

    10/02/2026

    How Modern Exchanges Are Bridging Crypto and Traditional Finance

    10/02/2026

    Perp Pioneer BitMEX Launches Hyperliquid Copy Trading

    10/02/2026

    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

    PlayZap Games Joins GENCY AI to Revolutionize AI-Led Advertising in GameFi Sector

    06/02/2026

    Enjin Launches Cross-Game Multiverse Campaign

    05/02/2026

    New ‘Axie Infinity’ Ethereum Gaming Token Will Be Airdropped to AXS Stakers

    05/02/2026

    W3GG Taps Lussaio to Revolutionize Web3 Gaming Experience with Earning Rewards

    01/02/2026

    Bitcoin Miners Exit As Difficulty Suffers Largest Drop Since 2021

    11/02/2026

    Mining Giant’s $196M Quarter Signals Strategic Resurgence

    10/02/2026

    Bitcoin miner Cango sold $305 million of BTC during market slump to fund AI shift

    10/02/2026

    Cipher Mining and TeraWulf are buys, MARA a sell, as Morgan Stanley begins bitcoin miner coverag

    10/02/2026

    Hong Kong continues to support local digital asset community growth, chief executive says

    11/02/2026

    Uniswap wins CPAMM patent infringement lawsuit against Bancor

    11/02/2026

    The Critical Meeting in the US Didn’t Yield the Outcome Trump Expected! Bitcoin (BTC) Fell!

    11/02/2026

    EU sanction threats over Russia ties loom as Kyrgyzstan amends crypto rules

    09/02/2026

    Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal

    11/02/2026

    Hong Kong continues to support local digital asset community growth, chief executive says

    11/02/2026

    MegaETH debuts mainnet as Ethereum scaling debate heats up

    11/02/2026

    Crypto enters round 2 of institutional adoption led by Morgan Stanley: Binance

    11/02/2026
  • 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

Hong Kong continues to support local digital asset community growth, chief executive says

11/02/2026

Uniswap wins CPAMM patent infringement lawsuit against Bancor

11/02/2026

The Critical Meeting in the US Didn’t Yield the Outcome Trump Expected! Bitcoin (BTC) Fell!

11/02/2026

EU sanction threats over Russia ties loom as Kyrgyzstan amends crypto rules

09/02/2026
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

Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal

11/02/2026

Hong Kong continues to support local digital asset community growth, chief executive says

11/02/2026

MegaETH debuts mainnet as Ethereum scaling debate heats up

11/02/2026
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.