PANews August 24 news, according to Cointelegraph reports, the Ethereum-based gaming network Xai has sued Elon Musk's artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The lawsuit was filed on Thursday in the Northern District Court of California, alleging that Musk's xAI company has caused widespread market confusion and harmed Xai's brand.
The Delaware company Ex Populus behind Xai stated that it has been using the XAI trademark in U.S. commerce since June 2023, including through its blockchain gaming ecosystem and the $XAI token. "This is a typical trademark infringement case that requires court intervention to rectify."
According to the lawsuit documents, Ex Populus operates the Xai ecosystem, which includes a blockchain network designed specifically for video games and digital transactions, providing infrastructure to support game logic, AI-driven decision making, rewards, and data management across multiple applications.
