Elon Musk’s xAI Jumps on the Bandwagon of Rich Startups ‘Benefiting Humanity’
Elon Musk’s artificial intelligence company xAI organized in Nevada as a for-profit benefit corporation, The Information reported on Tuesday. The company behind the Grok chatbot is the latest AI startup to give itself an unusual corporate structure that, on paper, prioritizes the public good alongside its profits, following in the footsteps of OpenAI and Anthropic. … Read more