Elon Musk’s xAI Sues Apple and OpenAI Over Antitrust Concerns

Elon Musk has filed an antitrust lawsuit against both Apple and OpenAI, accusing the companies of anti-competitive practices within their respective ecosystems. The lawsuit alleges unfair competition within Apple’s iOS ecosystem by allegedly favoring OpenAI’s ChatGPT over competitors. This comes from xAI, a company owned by Elon Musk, who argues that Apple’s decisions are limiting opportunities for other AI companies to reach prominence in the App Store. The potential consequences of this legal action extend beyond the tech industry and could impact the market value of AI-adjacent cryptocurrencies like OCEAN, FET, and RNDR. The case is set to unfold in a Texas federal court and marks a significant step in addressing monopolistic practices within the digital market.