The U.S. Federal Trade Commission weighed in on Friday on Elon Musk's lawsuit seeking to block OpenAI's conversion to a public company, pointing out legal doctrines that could support his claim that OpenAI and Microsoft engaged in anticompetitive practices. While it did not officially support eithe»»»

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.»»»

Elon Musk's attorney urged state law officers to establish a competitive bidding process for OpenAI's charitable assets amid the startup's efforts to remove nonprofit control. Musk is suing OpenAI over its restructuring into a for-profit entity, arguing it violates the mission. State attorneys, inc»»»