#Musk Calls for Auction of OpenAI Shares#
Hot Topic Overview
Overview
Elon Musk's conflict 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 wish to participate in a public and competitive bidding process for OpenAI equity. However, OpenAI has denied the auction plans, arguing that Musk's move is intended to create chaos.
Ace Hot Topic Analysis
Analysis
Elon Musk's lawyer, Marc Tobolowsky, representing large AI investors, has sent letters to the California and Delaware Attorneys General demanding a forced auction of OpenAI shares. The letter escalates the bitter fight between Musk and OpenAI CEO Sam Altman. Musk's lawyer argues that a public and competitive bidding process is the best way to allow participation in OpenAI equity. However, according to a person familiar with OpenAI's thinking, OpenAI has no such auction plans. They believe Musk's actions are simply intended to create more chaos. OpenAI has not yet issued an official statement on the matter.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Musk demands auction of OpenAI shares to participate in a public and competitive bidding process for OpenAI equity.
Musk's lawyers representing large AI investors sent letters to the California and Delaware Attorneys General seeking to force an auction of OpenAI shares.
OpenAI has no plans to auction shares and believes Musk's actions are simply intended to create chaos.
The fight between Musk and OpenAI CEO Sam Altman intensifies.