OpenAI wins dismissal of trade secret lawsuit by xAI

Kraken has launched pre-IPO perpetual futures tied to OpenAI and Anthropic, giving eligible traders leveraged exposure to private AI companies before public listings.

The AI lab appeals to developers who feel that frontier models from Anthropic and OpenAI are less transparent and too deep for the tasks they need done.

A federal judge handed Elon Musk his second defeat against OpenAI after finding xAI failed to show OpenAI improperly obtained confidential info.

The dismissal highlights the need for stronger evidence in trade secret cases, impacting how AI firms approach employee transitions and legal strategies. The post US judge dismisses xAI’s trade secret lawsuit against OpenAI appeared first on Crypto Briefing.

A coalition of U.S. state attorneys general has launched an investigation into OpenAI, serving the company with a subpoena through New York’s attorney general seeking documents covering advertising practices, user engagement and retention, model sycophancy, consumer and health data handling, and the treatment of minors and seniors. OpenAI said it intended to engage constructively with […]

Ventuals froze its OpenAI and Anthropic pre-IPO markets at 24-hour average prices and is returning deposited HYPE to users as the team folds into another Hyperliquid-ecosystem project.

OpenAI's initiative could democratize AI's benefits, empowering nonprofits to innovate in crucial sectors and potentially reshape societal impact. The post OpenAI commits $50M to support nonprofits engaging with AI appeared first on Crypto Briefing.

The massive pre-IPO liquidity event highlights the intense capital demands and potential volatility facing AI firms as they approach public markets. The post OpenAI and Anthropic employees have sold $14B in private shares as both AI giants eye IPOs appeared first on Crypto Briefing.