OpenAI rules out IPO this year as Altman, Musk & Amodei warn AI is moving too fast
Altman said OpenAI will wait until safety and alignment work is further along, as leaders across the AI industry call for slower development.
- On Saturday, CEO Sam Altman confirmed that OpenAI will not launch an IPO in 2026, stating the company must prioritize safety and alignment work before considering a public listing.
- Discussions between Altman and Anthropic CEO Dario Amodei regarding the necessity to "pace the frontier" prompted this decision, with both leaders agreeing they must slow AI model capability improvements.
- "Right now would be an ill-advised moment to go public," Altman told Fortune, while OpenAI CFO Sarah Friar previously told employees the company expects to be public in 2027 or sooner.
- While OpenAI delays its listing, rival Anthropic is reportedly planning an IPO for November, just before U.S. midterm elections, as politicians from both parties increasingly call for new AI regulations.
- Altman suggested OpenAI and other leading AI companies may soon announce a joint agreement to slow development and address safety risks, seeking to meet safety requirements before pursuing future public offerings.
131 Articles
131 Articles
The long-awaited landing on the OpenAI Stock Exchange will not arrive in 2026. To confirm this is the company's number one, Sam Altman, in an interview with Fortune. To ...
"Considering everything that is happening in security matters, right now it would be an unwise time to go out on the stock market, and we do not feel pressure to do so," Altman told Fortune Business magazine. "I would say no in 2026. We have a lot of things to do," he responded by being consulted if an initial public offer of shares (OPI) was discarded for this year. The company had not announced an official date for its release on the stock mar…
OpenAI’s long-awaited 2026 IPO is being shelved. CEO Sam Altman says now would be a bad time to take the company public due to the risks associated with artificial intelligence security. Meanwhile, OpenAI and other leading AI companies may be close to a deal that would slow down the pace of development of the most advanced models. We’ll be covering similar topics at our Portfolio Investment Day conference on October 21. One of the biggest inves…
Due to security concerns raised about artificial intelligence.
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