Elon Musk’s artificial intelligence startup, xAI, is following in the footsteps of rivals OpenAI and Anthropic in opting for an unusual corporate structure.
XAI has been organized in Nevada as a for-profit benefit corporation, a structure that allows the company to prioritize having a positive impact on society over its obligations to shareholders, according to a late November filing with Nevada. Musk, who launched the secretive startup earlier this year, has long expressed concern over the impact AI could have on society.
