#Musk Calls for Auction of OpenAI Shares#

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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 an auction of OpenAI shares, escalating the fight 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 intended to create chaos.

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Elon Musk's demand for an auction of OpenAI shares has sparked widespread attention. According to the Financial Times, Musk's lawyer, Marc Tobolowsky, wrote to the California and Delaware attorneys general on behalf of large AI investors, calling for a forced auction of OpenAI shares and participation in a public and competitive bidding process. This move has intensified the bitter feud between Musk and OpenAI CEO Sam Altman. Musk's lawyer argues that OpenAI should auction its shares to ensure its development aligns with the public interest. However, sources familiar with OpenAI's thinking say the organization has no such auction plans and believes Musk's move is simply intended to create chaos. OpenAI has not yet issued an official statement on the matter.

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

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Musk's lawyers argue that OpenAI should auction its shares to ensure fair competition and transparency.

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OpenAI denies any auction plans and believes Musk's move is intended to create chaos.

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The incident has intensified the conflict between Musk and OpenAI CEO Sam Altman.

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