Elon Musk-Led xAI Adopts A For-Profit Benefit Corporate Structure With Aim To Do Some Societal Good
Following in the footsteps of its arch-rivals OpenAI and Anthropic, Elon Musk-led artificial intelligence (AI) company xAI has adopted a for-profit benefit corporate structure in Nevada, as per a report by The Information. A late November filing with Nevada suggests this unusual corporate structure will enable xAI to focus more on having a positive impact … Read more
