Philosophies & Movements
Public benefit corporation
A type of for-profit company whose charter legally requires it to balance making money with a stated public benefit. Unlike a standard corporation, its directors are allowed — and required — to weigh that mission alongside shareholder returns. Several AI labs use the form: Anthropic is a public benefit corporation, and OpenAI restructured its for-profit arm into one in 2025.
Origin
A corporate form created by state law, first in Delaware in 2013. Anthropic describes itself as a public benefit corporation in its own materials; OpenAI announced its for-profit arm's conversion to a public benefit corporation in October 2025.