Worldcoin’s WLD Slides as Elon Musk Sues OpenAI
Summary
Worldcoin's WLD token value decreased by 2.2% following a lawsuit filed by Elon Musk against OpenAI and its CEO, Sam Altman, for breach of contract. Musk alleges that they violated agreements made when he helped establish the company in 2015. Sam Altman is a co-creator and board member of Worldcoin, a project that aims to provide digital IDs and tokens in exchange for eye scans. The value of AI tokens has been observed to fluctuate with developments in the broader artificial intelligence industry. For instance, several AI tokens rallied in February after Nvidia exceeded fourth-quarter earnings estimates and OpenAI launched a new text-to-video product.
