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Agentic AI Project Eliza Labs Sues Elon Musk's xAI
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8 Articles
Eliza Labs files antitrust lawsuit against X, alleging AI agent monopolization
The post Eliza Labs files antitrust lawsuit against X, alleging AI agent monopolization appeared on BitcoinEthereumNews.com. Eliza Labs and founder Shaw Walters filed a federal antitrust lawsuit against social media platform X on Aug. 27. According to the lawsuit, the plaintiffs are alleging that the social media platform fraudulently extracted technical information about their AI agents before deplatforming them and launching competing products…
Key points of the news: Eliza Labs sued X Corp and accused Elon Musk's company of copying its technology and suspending its accounts to limit competition. Eliza Labs refused to pay a business license of $50,000 a month and soon later lost access to its accounts, calling it an anti-competitive maneuver. In April, the firm launched a non-code platform to design artificial intelligence agents. Eliza Labs filed a lawsuit against X Corp in a federal …
Eliza Labs, valued at $2.5 billion, accuses X Corp of having copied its work to IA before suspending its accounts and those of its founder Shaw Walters. X would have required an API license to Enterprise at $50,000 a month, and in the face of Eliza's refusal, would have orchestrated its exclusion from the network. This trial illustrates the balance of power between startups and large platforms, and could become a symbol for open-source ecosystem…
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