Musk’s xAI Incorporates as Benefit Corporation With ‘Positive Impact’ Goal

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.