OpenAI's Sam Altman says it would be 'ill-advised' to go public in 2026
3 days ago
- OpenAI CEO Sam Altman stated that the company is not rushing for an IPO and will not go public this year.
- Altman believes going public now would be ill-advised due to ongoing safety concerns.
- OpenAI plans to go public only when the business and societal conditions are ready, likely not before 2027.
- A New York Times report indicates OpenAI is considering 2027 for IPO due to tech stock volatility and financial challenges.