Musk's xAI Incorporates as Benefit Corporation

The move, disclosed in a late November filing, allows the AI startup to prioritize societal impact over shareholder obligations.

Elon Musk's AI startup, xAI, has incorporated in Nevada as a benefit corporation.
This structure allows the company to prioritize societal impact over shareholder obligations.
The move follows similar decisions by rivals OpenAI and Anthropic.
The decision was disclosed in a late November filing with Nevada's Secretary of State.
Musk has previously expressed concerns about the societal impact of AI.