Sam Altman confirms OpenAI will not go public this year, citing AI safety concerns as making the current IPO "ill-timed".
39 minutes ago
Beating AI News reports that OpenAI CEO Sam Altman confirmed in an exclusive interview with Fortune that the company will not hold an IPO in 2026, noting that going public now is "ill-timed" given the current AI security landscape. Altman stated OpenAI is in no rush to go public, and will consider an IPO only when its business is ready and society can adapt to AI models of varying capability levels. He added that the company needs to prioritize resolving AI safety and alignment issues, and may slow the development of frontier AI models when AI capabilities reach new stages. Previous reports noted OpenAI had considered delaying its IPO to 2027, with a potential valuation of up to $1 trillion. Meanwhile, Anthropic CEO Dario Amodei recently called for slowing frontier AI development, proposing that independent evaluation bodies be granted employee-level access to the company’s internal systems. Sam Altman later said: "I agree with Dario Amodei, CEO of Anthropic. We need to control the progress of frontier models, which has been a major topic of discussion at OpenAI recently. The commitment to giving independent evaluators employee-level access is a good idea, and we will do the same. We will share more news soon."
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OpenAI Founder Agrees with Anthropic CEO That Progress on Cutting-Edge AI Models Should Be Slowed Down
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