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Elon Musk's attorney has requested California and Delaware's attorney generals to initiate an auction for a significant stake in OpenAI as part of its restructuring to assess the fair value of its charitable assets. Musk argues this process is vital for protecting public interest during the transition of OpenAI from nonprofit status. OpenAI, which co-founded ChatGPT, is currently valued at $157 billion, and Musk is also in litigation against the company over its corporate changes.
Source: YAHOO