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Elon Musk's lawsuit targets OpenAI's shift from charity to for-profit amid AI safety concerns.

Market News
04 May 2026
TechCrunch
View Source
Neutral
pluang ai news

Elon Musk's legal team argues that OpenAI, originally founded as a charity focused on AI safety, has strayed by becoming a for-profit entity. They presented expert testimony from AI researcher Peter Russell, who highlighted the risks of AI development, including cybersecurity threats and the dangers of rushing toward Artificial General Intelligence (AGI). The case underscores tensions between AI safety and commercial interests, reflecting broader industry and political debates about regulating AI development and investment. The lawsuit highlights the complex balance between advancing AI technology and ensuring its safe, ethical use.

More News

XRP rises 3% to $1.11 on renewed ETF inflows and Ripple's EU expansion under MiCA rules.

XRP rises 3% to $1.11 on renewed ETF inflows and Ripple's EU expansion under MiCA rules.

XRP climbed about 3% to an intraday high of $1.11 on July 3, rebounding from $1.02 two days earlier. This gain follows a buy signal from the Supertrend indicator and nearly $7 million in fresh inflows into XRP ETFs after a brief withdrawal period. Ri...

Technical Signals
Bullish
4 hours ago
Kraken offers up to 1 Bitcoin in World Cup trading contest until July 20, 2026

Kraken offers up to 1 Bitcoin in World Cup trading contest until July 20, 2026

Kraken, the first official crypto partner of the 2026 World Cup, is running the "Here We Go! Sweepstakes" contest from June 20 to July 20, 2026. Traders earn one entry per dollar traded on eligible spot and instant trades, with a chance to win 1 full...

Market News
Bullish
4 hours ago
Dogecoin shows signs of bottoming with rising net position delta and TD Sequential buy signal.

Dogecoin shows signs of bottoming with rising net position delta and TD Sequential buy signal.

Dogecoin's net position delta is increasing despite price consolidation near recent lows, indicating accumulation by investors. A significant drop in profitable holders suggests a potential market bottom, supported by a TD Sequential buy signal point...

Technical Signals
Bullish
4 hours ago
Bitcoin rebounds above $62,000, supported by strong $58K demand and EU regulatory shifts.

Bitcoin rebounds above $62,000, supported by strong $58K demand and EU regulatory shifts.

Bitcoin has recovered above $62,000 after defending the $58,000 support level twice, signaling a strong buying zone. This rebound was driven by a combination of easing inflation fears, a short squeeze, and a structural shift as European traders move ...

Market News
Bullish
4 hours ago
Bitcoin investors face 20% average unrealized loss as $76,700 cost basis creates resistance level.

Bitcoin investors face 20% average unrealized loss as $76,700 cost basis creates resistance level.

Bitcoin investors currently hold an average unrealized loss of about 20%, with the True Market Mean (TMM) cost basis near $76,700 acting as a key resistance level. This TMM reflects the average acquisition cost of active holders, excluding dormant co...

Technical Signals
Neutral
4 hours ago
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