Musk's lawyers call on California and Delaware to force auction of OpenAI shares, sparking controversy

Author: LoRA Time: 10 Jan 2025 1015

Recently, Elon Musk’s lawyer Marc Toberoff appealed to the attorneys general of California and Delaware, asking them to force OpenAI to conduct a share auction. The move is believed to be part of a fierce battle between Musk and OpenAI's current CEO Sam Altman. Musk's relationship with OpenAI has always been dramatic, and this call has undoubtedly further heightened tensions between the two parties.

According to media reports, Tobolov sent a letter to the top legal officials of each state on behalf of some large artificial intelligence investors, expressing his desire to participate in an open and competitive bidding process for OpenAI shares. However, relevant sources revealed that OpenAI has no plans to conduct such an auction, but believes that Musk’s team just wants to create more chaos in this dispute.

OpenAI, artificial intelligence, AI

The relationship between Musk and OpenAI is complicated. Musk was one of OpenAI's main supporters when it was first founded, but he chose to withdraw from the board of directors in 2018 due to strategic differences. Since then, the relationship between Musk and OpenAI has gradually deteriorated, and the two parties have disagreed on issues such as the development direction and business model of artificial intelligence. Now, Musk is trying to re-enter OpenAI's share affairs in this way, showing his continued concern for the future direction of the company.

Similar shareholding battles are not uncommon in the technology industry, especially in the rapidly growing field of artificial intelligence. As a cutting-edge technology company, OpenAI’s equity trends will have an important impact on the entire industry. However, it is unclear whether Musk's call will have a substantial impact on OpenAI's operations or whether it is just a media hype.

In this competitive era, struggles between companies are often accompanied by battles over legal, financial and market strategies. Musk’s move undoubtedly dropped a blockbuster in this fight, and we should continue to pay attention to how it develops in the future.

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