Elon Musk leads $97 billion bid to buy non-profit arm of OpenAI amid Sam Altman rejection
A consortium led by Elon Musk has submitted a $97.4 billion bid to acquire the non-profit that controls OpenAI. The...
Nonprofit
Binance Founder CZ to Launch Non-Profit Education Project Amid Legal Woes
Following his departure from the crypto exchange Binance last November, the company’s founder and former CEO Changpeng Zhao, also known...
Wyoming passes law to give DAOs a nonprofit legal framework
Starting this summer, Wyoming will have a new system for managing and incorporating decentralized autonomous organizations as nonprofits (DAOs). Wyoming...
xAI Corp owner Elon Musk sues OpenAI for straying from non-profit roots
Elon Musk has filed a lawsuit against OpenAI, its co-founders Sam Altman and Greg Brockman, and other related entities.According to...
New nonprofit backed by crypto billionaire scores AI chips worth $500M
It’s strange times we’re living in when a blockchain billionaire, not the usual Big Tech suspects, is the one supplying...
Non-profit linked to Stellar co-founder Jed McCaleb invests $500M in AI chips
A non-profit organization linked to Stellar co-founder and executive Jed McCaleb intends to offer an AI chip rental service, Reuters...
TON Foundation Officially Launches as A Swiss Non-Profit Organization
The Open Network Foundation (TON Foundation), a Swiss organisation dedicated to fostering the development of The Open Network (TON), has officially launched...
Coinbase launches nonprofit to advance crypto legislation
Cryptocurrency exchange Coinbase is launching a nonprofit organization to advance pro-crypto policy around the world. The Stand With Crypto Alliance...
Bitcoin Ordinals Team Launches Non-Profit to Support Bitcoin NFT Developers
The Ordinals protocol team announced the launch of a non-profit organization, dubbed ‘Open Ordinals Institute,’ to fund its open-source development....
Non-profit Glo launches stablecoin leveraging yields to alleviate extreme poverty
Nonprofit organization Glo has announced the Aug. 2 launch of Glo Dollar, a regulated stablecoin with an ambitious goal: leveraging...