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)

December 26, 2023

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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.

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