Filing: xAI incorporates as a for-profit benefit corporation, allowing it to prioritize having a positive impact on society over its obligations to shareholders (Becky Peterson/The Information)

26
Dec

Becky Peterson / The Information:

Filing: xAI incorporates as a for-profit benefit corporation, allowing it to prioritize having a positive impact on society over its obligations to shareholders — Elon Musk’s artificial intelligence startup, xAI, is following in the footsteps of rivals OpenAI and Anthropic in opting for an unusual corporate structure.