Elon Musk’s xAI Secretly Dropped Its Benefit Corporation Status While Fighting OpenAI
By Lora Kolodny
When Elon Musk created his artificial intelligence startup xAI in 2023, he incorporated it as a Nevada public benefit corporation, making a formal commitment to positively impact society and to post regular disclosures about progress on its non-financial goals.
Photo courtesy of José Luís Agapito.
Source: AI Effect (link opens in a new window)
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