📢 The gaming blockchain network XAI has sued Elon Musk and is seeking a ban on the use of the name xAI.
👏 In June 2023, Ex Populus received a federal trademark for XAI. A month later, Elon Musk's company xAI was launched, which they believe creates confusion and violates the priority of registration.
😎 XAI claims that over the course of a year and a half, they have invested millions in marketing, attracted hundreds of thousands of wallets, and are already launched on major exchanges. The situation was exacerbated by Musk's November statement about plans to create his own gaming studio in xAI — at that time, $XAI and xAI started confusing even Grok.