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

Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings

29/12/2025

Unlicensed Australian crypto retirement firm NGS Crypto ordered to shut down

29/12/2025

Bitcoin Exchange Binance Delists 5 Altcoin Trading Pairs, Including One TRY Pair! Here Are the Details

29/12/2025
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

    Ethereum’s ‘Hegota’ upgrade slated for late 2026 as devs accelerate roadmap

    29/12/2025

    $1,000,000,000 in Ethereum Just Staked by Fundstrat: Will It Help Price?

    29/12/2025

    Ethereum’s 2026 roadmap includes this validator risk that’s bigger than you think

    29/12/2025

    Staking Absorbs Supply As ETH Stalls Below Key EMAs

    29/12/2025

    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

    DMarket locked in at top spot as NFT sales endure minor drop

    27/12/2025

    NFT sales show minor drop to $65.5M, Ethereum sales plunge 24%

    27/12/2025

    How NFT Marketplaces Adapted to Survive in 2025

    27/12/2025

    Pudgy Penguins brings NFT characters to the Las Vegas Sphere during Christmas

    26/12/2025

    Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings

    29/12/2025

    Unlicensed Australian crypto retirement firm NGS Crypto ordered to shut down

    29/12/2025

    Bitcoin Exchange Binance Delists 5 Altcoin Trading Pairs, Including One TRY Pair! Here Are the Details

    29/12/2025

    Russia’s largest lender Sberbank explores crypto-backed loan with Bitcoin miner

    29/12/2025
  • Blockchain

    A Revolutionary Leap in Blockchain Speed and Efficiency

    28/12/2025

    B2 Network Partners with Quack AI to Enable AI Agent Settlements on Bitcoin

    27/12/2025

    tZERO Adds Stellar, XDC Network, and Algorand to Its Regulated Tokenization Stack

    27/12/2025

    Aster Testnet Launches Today For 1K Selected Whitelist Users

    27/12/2025

    A Strong Match or Critical Danger?

    27/12/2025
  • DeFi

    RWA TVL Grows 210.72% in 2025 as U.S. Treasuries, Commodities, and Private Credits Gain Top Tractions

    29/12/2025

    JustLend DAO Modifies $USDD’s Supply Mining Reward APY to 8%

    28/12/2025

    What are Intent-Based Transactions in DeFi

    28/12/2025

    Cardano (ADA) Founder Charles Hoskinson Discusses the Future of ADA, XRP, and His Newly Launched Altcoin

    28/12/2025

    Controversial Vote on Billion-Dollar Altcoin Under Scrutiny Yields Result

    27/12/2025
  • 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

    Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings

    29/12/2025

    U.S. Treasury cuts Q4 borrowing estimate to $569B

    29/12/2025

    KOSPI Hits Record High as South Korea Crypto Trading Volume Plummets 

    29/12/2025

    BlackRock CEO Unveils the Future of Global Finance

    29/12/2025

    ‘Big Short’ Michael Burry’s stock portfolio update

    29/12/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitcoin Exchange Binance Delists 5 Altcoin Trading Pairs, Including One TRY Pair! Here Are the Details

    29/12/2025

    USD1 supply expands after Binance launches yield rewards

    29/12/2025

    Hyperliquid Launches Portfolio Margin and BLP Pre-Alpha

    29/12/2025

    Prediction Markets Expand from DeFi Niche to Global News Sources

    29/12/2025

    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

    Crypto Gaming Collapses as Funding Dries Up

    24/12/2025

    GG’s 2025 Game of the Year: Pudgy Party

    22/12/2025

    The Biggest Shutdowns in 2025

    21/12/2025

    Sentism AI Brings AI Intelligence to GameFi With Anome Protocol

    17/12/2025

    Russia’s largest lender Sberbank explores crypto-backed loan with Bitcoin miner

    29/12/2025

    Bitcoin’s mining difficulty has risen to 148.2 trillion

    29/12/2025

    The Year Bitcoin Mining Reached Zettahash Scale and Redefined Network Security

    28/12/2025

    IREN claims the crown as Bitdeer’s stock trails the pack

    28/12/2025

    Unlicensed Australian crypto retirement firm NGS Crypto ordered to shut down

    29/12/2025

    Which countries offer crypto investors tax exemptions in 2026?

    29/12/2025

    Is America About to Finally Solve Crypto Chaos? Lummis’ Bill Could Change Everything

    29/12/2025

    Crypto heavyweights slam proposed 5% wealth tax in California

    29/12/2025

    Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings

    29/12/2025

    Unlicensed Australian crypto retirement firm NGS Crypto ordered to shut down

    29/12/2025

    Bitcoin Exchange Binance Delists 5 Altcoin Trading Pairs, Including One TRY Pair! Here Are the Details

    29/12/2025

    Russia’s largest lender Sberbank explores crypto-backed loan with Bitcoin miner

    29/12/2025
  • 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

Unlicensed Australian crypto retirement firm NGS Crypto ordered to shut down

29/12/2025

Which countries offer crypto investors tax exemptions in 2026?

29/12/2025

Is America About to Finally Solve Crypto Chaos? Lummis’ Bill Could Change Everything

29/12/2025

Crypto heavyweights slam proposed 5% wealth tax in California

29/12/2025
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

Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings

29/12/2025

Unlicensed Australian crypto retirement firm NGS Crypto ordered to shut down

29/12/2025

Bitcoin Exchange Binance Delists 5 Altcoin Trading Pairs, Including One TRY Pair! Here Are the Details

29/12/2025
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.