#Musk Calls for Auction of OpenAI Shares#

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Elon Musk's lawyer, Marc Tobolowsky, representing large AI investors, sent letters to the California and Delaware Attorneys General calling for a forced auction of OpenAI shares, sparking a heated battle between Musk and OpenAI CEO Sam Altman. Musk's lawyer wants to participate in a public and competitive bidding process for OpenAI equity, while OpenAI has said there are no such auction plans, arguing that Musk's move is simply "trying to create more chaos."

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Elon Musk's lawyer, Marc Tobolowsky, representing large AI investors, has called on the California and Delaware attorneys general to force OpenAI to auction off its large stake in the company, escalating Musk's bitter fight with OpenAI CEO Sam Altman. Tobolowsky wants to participate in a public and competitive bidding process for OpenAI equity, but people familiar with OpenAI's thinking say there are no such auction plans. They believe Musk's camp is simply "trying to create more chaos." Musk's motivation for demanding an auction of OpenAI shares is unclear, but it may be related to his dissatisfaction with OpenAI's current direction. Musk was a co-founder of OpenAI but later resigned from the board and criticized OpenAI for deviating from its original non-profit goals. The incident has raised concerns about the future direction of OpenAI and the future trends in the field of artificial intelligence.

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Musk wants to acquire OpenAI shares through a forced auction.

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Musk's lawyers believe that a public and competitive bidding process should be conducted.

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OpenAI denies any auction plans.

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Musk's camp's actions are considered to be "trying to create more chaos."

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