BlockBeats News, August 24th, Ethereum-based game L3 Xai has filed a lawsuit against Musk's AI company xAI, alleging trademark infringement and unfair competition. The lawsuit was filed on Thursday in the Northern District of California, accusing Musk's xAI company of harming Xai's brand. Ex Populus, the Delaware company behind Xai, stated that it has been using the XAI trademark in US commerce since June 2023, including through its blockchain gaming ecosystem and XAI token. The lawsuit claims, "This is a typical trademark infringement case that requires court intervention for remedy."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.