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Only 4% of AI Startups Prioritize Social Interests in Corporate Structure
The Information www.theinformation.com
OpenAI, Anthropic and Elon Musk’s xAI have drawn attention for their unconventional governance structures, ones that prioritize public interest over obligations to shareholders. But these companies are the outliers, The Information’s analysis shows, as most AI developers opt for traditional approaches that appeal to investors.
Only 4 of the 96 U.S.-incorporated startups in The Information’s Generative AI Database have adopted the structure of either a nonprofit or for-profit benefit corporation, which allows businesses to pursue social goals. The reason, says …
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