Tag: IRS

U.S. Tax Service to Investigate ChatGPT Creator

By Emir Abyazov The Midas Project has accused OpenAI of violating tax laws and has filed a formal complaint with the U.S. Internal Revenue Service (IRS). The artificial intelligence watchdog organization alleges that the dual role of company head Sam Altman creates a conflict of interest that could threaten the nonprofit status of the firm […]

Stanford-Linked Venture Fund Raises $28M to Back Early-Stage Blockchain Startups

By Aaron Watts Key highlights: Blockchain Builders Fund closes $28M Fund I, backing 40 early-stage crypto ventures across AI, DeFi, and infrastructure. The fund is led by Stanford grads and integrates with university programs like MS&E 447 and the Blockchain Accelerator. Expansion plans include partnerships with IC3-Cornell and collaborations with Ethereum Foundation, Solana, and Coinbase’s […]