BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Eliza Labs Sues Elon Musk’s X Corp Over AI Technology Theft and Antitrust
Eliza Labs Sues Elon Musk’s X Corp Over AI Technology Theft and Antitrust
19
2
BTCCSquare news:
Eliza Labs, an AI software company, has filed a lawsuit against X Corp., formerly Twitter, alleging theft of proprietary AI technology and anti-competitive practices. The complaint accuses X of exploiting Eliza's expertise before suspending its account and launching competing AI products. X's MOVE initiative is described as a deliberate strategy to undermine competition.
The lawsuit claims X deceived Eliza into sharing confidential AI agent technology during 2024 discussions, then demanded a $50,000 monthly enterprise license fee. This move is framed as part of a broader pattern of market abuse by the social media giant. No cryptocurrency exchanges or digital assets are directly implicated in the allegations.
By:
