FILE PHOTO: OpenAI and ChatGPT logos are seen in this illustration taken, Feb. 3, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) - A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring, sources familiar with the matter told Reuters on Thursday.
Musk's attorney Marc Toberoff sent a letter to the states' top law officers on Tuesday in which he argued they should provide a process for competitive bidding to determine fair market value of OpenAI's charitable assets to "protect the public's beneficial interest," as the startup is working on removing the control of its non-profit, according to the sources.
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