#Musk Calls for Auction of OpenAI Shares#

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Elon Musk's fight with OpenAI has escalated further, with his lawyers sending letters to the California and Delaware Attorneys General demanding a forced auction of OpenAI shares. Musk's lawyers represent large AI investors who want to participate in a public and competitive bidding process for OpenAI equity. OpenAI has denied any plans for an auction, arguing that Musk's move is intended to create chaos.

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The feud between Elon Musk and OpenAI has escalated further, with Musk's lawyer, Marc Tobolowsky, representing large AI investors, calling on the California and Delaware Attorneys General to force a sale of OpenAI shares. Tobolowsky stated in a letter that he hopes to participate in a public and competitive bidding process for OpenAI equity. Sources familiar with OpenAI's thinking revealed that the company has no such auction plans, believing Musk's move is simply "an attempt to create more chaos." This incident has intensified the fierce battle between Musk and OpenAI CEO Sam Altman. Musk previously accused OpenAI of deviating from its initial non-profit goals and attempting to privatize itself. OpenAI has refuted Musk's accusations, stating that it remains committed to its mission of ensuring that artificial intelligence benefits all of humanity. Currently, this dispute remains unresolved, and future developments require attention.

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Musk demands auction of OpenAI shares to participate in a public and competitive bidding process for OpenAI equity.

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Musk's lawyers representing large AI investors sent letters to the California and Delaware Attorneys General demanding a forced auction.

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OpenAI has no plans for an auction and believes Musk's camp is just "trying to create more chaos."

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The fight between Musk and OpenAI CEO Sam Altman intensifies.

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