💨 Abstract

Elon Musk's lawyer has urged California and Delaware attorney generals to push OpenAI, a startup co-founded by Musk, to auction a stake in its business to determine the fair value of its charitable assets during a corporate restructuring. Musk aims to protect the public's interest as OpenAI is removing non-profit control. OpenAI argues that its charitable assets' valuation will be determined by independent financial advisors.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖