Lora Kolodny / CNBC:

Docs: xAI terminated its status as a public benefit corporation as of May 9, 2024; XAI Holdings, which houses xAI and X, also doesn't have a PBC designation  —  When Elon Musk created his artificial intelligence startup xAI in 2023, he incorporated it as a Nevada public benefit corporation …

Lora Kolodny / CNBC:

Docs: xAI terminated its status as a public benefit corporation as of May 9, 2024; XAI Holdings, which houses xAI and X, also doesn't have a PBC designation  —  When Elon Musk created his artificial intelligence startup xAI in 2023, he incorporated it as a Nevada public benefit corporation …

Source: TechMeme
Source Link: http://www.techmeme.com/250825/p15#a250825p15