AI coins pirouetted downwards on Tuesday, nearly performing an acrobatic double-digit nosedive-the financial equivalent of tripping over your own ego in high society.
All thanks to Elon Musk’s X Corp. and xAI donning their legal capes, filing an antitrust crusade against Apple and OpenAI, accusing them of hoarding AI like a dragon with a penchant for iPhones.
AI Tokens Stumble as Musk Takes on the Tech Titans
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Traders fretted that corporate infighting and antitrust spotlight could dampen the AI crypto fiesta. Predictably, smaller tokens wilt in the shadow of Silicon Valley’s Goliaths, while positive earnings or Musk’s $97 billion OpenAI tango once made them leap with joy. 🕺
Opinions remain split: some hail Musk’s lawsuit as heroic monolith-busting, others suspect a cunning PR pirouette to boost Grok’s star power.
“Apple’s refusal to applaud innovation and success just shows how they will be left behind, like all before it,” analyst Jacob King wrote on X.
King evokes the ghosts of BlackBerry, Nokia, and AOL-a spectral parade of fallen tech giants. đź‘»
With billions in play and AI adoption accelerating like a caffeinated cheetah, this lawsuit could redefine the policing of monopolies in an AI-drenched era, potentially sending ripples through the crypto cosmos. 🌌
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2025-08-26 15:23