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There was a letter that was issued by Meta Platforms to the Attorney General of California, Rob Bonta, begging him to stop the move.
In a letter that was sent to the attorney general of California on Thursday, Meta urged him to prevent OpenAI from transforming into a for-profit company. According to Meta, this would be a "wrong" move that "could lead to a proliferation of similar start-up ventures that are notionally charitable until they are potentially profitable." This letter from Meta Platforms to Attorney General Rob Bonta, which was originally reported on by The Wall Street Journal, follows on the heels of an injunction that was filed by Elon Musk at the end of November. In addition, the injunction called for the conversion of OpenAI to be blocked.
OpenAI was able to attract billions of dollars from investors in accordance with its initial nonprofit objective, and Meta says in its letter, which The Verge has published in its whole, that OpenAI now "wants to change its status while retaining all of the benefits that enabled it to reach the point it has today." "OpenAI should not be allowed to flout the law by taking and reappropriating assets it built as a charity and using them for potentially enormous private gains," the document continues. "OpenAI should not be allowed to misuse the law." In addition, the letter requests that the attorney general investigate OpenAI's previous operational procedures as a nonprofit organization. In an effort to obtain a comment, Indiasocialbook has contacted OpenAI.
In addition, Meta's statement expresses support for Elon Musk and Shivon Zilis over their representation of public interests in the litigation that Musk filed against OpenAI, which was resurrected in August. The timeline that was provided by OpenAI on Friday included emails and other correspondence from Elon Musk. The purpose of the timeline was to demonstrate how Musk had previously advocated for OpenAI to become a for-profit organization with him at the head.
OpenAI board chair Bret Taylor responded to Meta's letter by issuing a statement that was shared with The Verge. In the statement, he said, "While our work remains ongoing as we continue to consult independent financial and legal advisors, any potential restructuring would ensure the nonprofit continues to exist and thrive, and receives full value for its current stake in the OpenAI for-profit in addition to an enhanced ability to pursue its mission."
