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

Kamino Partners with OneKey to Offer Self-Custodial Borrowing On-Chain

28/01/2026

Network Activity Surges As Price Bounces From Long-Term Support

28/01/2026

Can Stablecoins Break Free From the US Dollar?

28/01/2026
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

    Network Activity Surges As Price Bounces From Long-Term Support

    28/01/2026

    What Happens to ETH if $2.9K Support Is Decisively Lost?

    28/01/2026

    BitMine, the largest Ethereum treasury firm, makes biggest ether purchase of 2026

    28/01/2026

    Ethereum price face 20% downside threat at $2,780–3,020 — crash or squeeze?

    28/01/2026

    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

    Rodeo becomes 2nd NFT platform to announce closure this week

    28/01/2026

    MoonPay Inks 8-Figure Title Sponsorship Deal for Upcoming X Games League

    25/01/2026

    NFT sales jump 101% to $122.5m as CryptoPunks see a modest 25% recovery

    24/01/2026

    One of the oldest NFT trading platform which facilitated over $300 million in sales at its peak shuts down

    24/01/2026

    Kamino Partners with OneKey to Offer Self-Custodial Borrowing On-Chain

    28/01/2026

    Network Activity Surges As Price Bounces From Long-Term Support

    28/01/2026

    Can Stablecoins Break Free From the US Dollar?

    28/01/2026

    Japan’s Bold Steps Towards Regulating Stablecoin Reserves

    28/01/2026
  • Blockchain

    Cross-chain isn’t democratizing crypto, it’s rewarding a few

    27/01/2026

    Is blockchain facing a quantum threat right now?

    27/01/2026

    DigiMaaya Partners with NICE for Driving Real User Growth and Sustainability

    27/01/2026

    Ripple signs MOU with Riyad Bank’s innovation subsidiary for Saudi Arabia use cases

    27/01/2026

    Chainlink Expands Adoption With 14 New Integrations Across 8 Blockchains

    27/01/2026
  • DeFi

    Kamino Partners with OneKey to Offer Self-Custodial Borrowing On-Chain

    28/01/2026

    Liquity’s BOLD Outranks $USDC and $DAI in Bluechip Rating

    27/01/2026

    Why DEXs Are Trying to Reproduce FX Market Behaviour

    27/01/2026

    Asseto Finance Connects Traditional Asset Management with OnChain Finance

    27/01/2026

    Fed rates decision, Tesla earnings, Bybit roadmap: Crypto Week Ahead

    27/01/2026
  • 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

    Can Stablecoins Break Free From the US Dollar?

    28/01/2026

    Tokenized U.S. Treasuries ride strong institutional interest to $10 billion total value record

    28/01/2026

    The fight over stablecoin yield isn’t really about stablecoins

    28/01/2026

    Agora’s Nick van Eck bets on stablecoin boom in enterprise payments

    28/01/2026

    Mining stocks surge as copper and silver drive strongest rally in years

    28/01/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    STON.fi Partners Privy to Streamline TON Wallet Swaps

    27/01/2026

    Binance launches $40M WLFI airdrop campaign for USD1 holders

    27/01/2026

    Turkish Banking Giant Extends Ripple Partnership

    27/01/2026

    Binance MiCA License Application in Greece Signals Critical Compliance Milestone for Crypto Industry

    27/01/2026

    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

    ‘Forgotten Runiverse’ on Ethereum Network Ronin Is the Latest Crypto Gaming Casualty

    28/01/2026

    MoonPay Taps X Games League to Merge Web3 and DeFi Features in Gaming

    26/01/2026

    ‘PGA Tour Rise’ Mobile Golf Game to Launch on Skale’s Base Network

    22/01/2026

    GameFi Tokens Axie Infinity, The Sandbox Defy Crypto’s Bearish Trend

    21/01/2026

    AI data centers hit same local resistance that slowed Bitcoin mining

    28/01/2026

    As bitcoin miners cut unprofitable production, Hash Ribbon metric points to BTC price rebound

    28/01/2026

    Eric Trump’s Mining Firm Acquires 416 Additional BTC

    27/01/2026

    Bitcoin’s Falling Price Puts Miners on Edge

    27/01/2026

    Japan’s Bold Steps Towards Regulating Stablecoin Reserves

    28/01/2026

    Arizona Lawmakers Advance Bill to Exempt Crypto From Property Taxes

    28/01/2026

    Former SEC lawyer responds to Ripple CLARITY Act concerns in public submission

    28/01/2026

    US ‘crypto capital’ claim tested by developer prosecutions

    28/01/2026

    Kamino Partners with OneKey to Offer Self-Custodial Borrowing On-Chain

    28/01/2026

    Network Activity Surges As Price Bounces From Long-Term Support

    28/01/2026

    Can Stablecoins Break Free From the US Dollar?

    28/01/2026

    Japan’s Bold Steps Towards Regulating Stablecoin Reserves

    28/01/2026
  • 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

Japan’s Bold Steps Towards Regulating Stablecoin Reserves

28/01/2026

Arizona Lawmakers Advance Bill to Exempt Crypto From Property Taxes

28/01/2026

Former SEC lawyer responds to Ripple CLARITY Act concerns in public submission

28/01/2026

US ‘crypto capital’ claim tested by developer prosecutions

28/01/2026
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

Kamino Partners with OneKey to Offer Self-Custodial Borrowing On-Chain

28/01/2026

Network Activity Surges As Price Bounces From Long-Term Support

28/01/2026

Can Stablecoins Break Free From the US Dollar?

28/01/2026
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.