California Attorney General refuses to take part in mask lawsuits against open eye
Annaton
SAN FRANCISCO (Reuters) – The California Attorney General’s Office has refused to take part in the lawsuit by Elon Musk against the Open, the agency wrote in a letter released Tuesday.
Musk, co-founder of ChatGpt Maker, is currently in a feud with his co-founder Sam Altman, current CEO of Openai, about the company’s future.
Openai wants to remove the nonprofit committee as its control in exchange for its valuable fairness stocks. Musk’s lawsuit alleges that this threatens the nonprofit’s mission, and he asked the state to join the lawsuit.
In a letter dated Monday, the Attorney General said Musk had not properly shown that doing so would benefit the public, and that Musk would like to use open charity assets for his own purposes. In February, the Musk-led consortium placed an unsolicited $97 billion bid for control of the open.
In a response to the Attorney General on Tuesday, Musk’s lawyer said the Attorney General misunderstood the bid for opening masks, writing that Musk doesn’t want to buy open eyes if the non-profit structure remains the same.
“People are coming out of every political spectrum, opposed Openai’s illegal activities and are planning for commercial conversions that will negatively affect us all,” Musk’s lawyer said in a statement, noting that a coalition of labor and charities, as well as former Openai employees, joined the mask by urging them to encourage an open transition.
The California Attorney General’s Office has refused to participate in the mask lawsuit, but is involved in the matter. As the state supervisor for a nonprofit, Openai is based in California and must approve Openai’s proposed nonprofit transition.
Openai claims that the dominant role of nonprofits should be removed in order to raise funds from investors. The company must complete the transition by the end of the year to secure a $40 billion funding round. The nonprofit organization holds Openai’s stake, which is increasingly valuable as the company grows, and provides resources to carry out its mission.
Musk and Altman co-founded Openai in 2015, but Musk left before the company became a tech star. Last year, Musk, who is also CEO of electric car maker Tesla, sued Openai and Altman, accusing Openai of wandering from the founding mission, developing AI for the benefit of humanity rather than the profits of companies.