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Can Worldcoin weather Elon Musk's OpenAI lawsuit?

Mar 02, 2024 - ambcrypto.com
Elon Musk, CEO of X (formerly Twitter), has filed a lawsuit against OpenAI, alleging a deviation from its original mission of developing AI for humanity's benefit and not for profit. Musk's lawsuit aims to compel OpenAI to make its research public and prevent it from using its assets for financial gain. This legal action has impacted Worldcoin (WLD), as OpenAI's CEO, Sam Altman, is a co-creator and board member of Worldcoin.

Worldcoin experienced a downturn following the lawsuit announcement, but it has managed to sustain a bullish trend overall. Despite a brief decline of about 6.7% on 1st March, it ended the trading session with an 8.13% gain. The lawsuit and subsequent attention have led to substantial growth in WLD's price, positioning it as one of the most notable winners in recent weeks.

Key takeaways:

  • Elon Musk has filed a lawsuit against OpenAI, alleging that the AI platform has deviated from its original mission of developing artificial intelligence for the benefit of humanity and not for profit.
  • Sam Altman, co-founder of OpenAI and co-creator of Worldcoin, is implicated in the lawsuit, causing Worldcoin to experience a slight impact.
  • Despite fluctuations and a brief decline in value following the lawsuit announcement, Worldcoin has managed to sustain a bullish trend.
  • Worldcoin's price increased significantly due to its association with OpenAI, positioning it as one of the most notable winners over the past weeks.
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