OpenAI Rules Out 2026 IPO Over Safety
OpenAI Chief Executive Sam Altman announced the company will not pursue an initial public offering this year. Altman cited severe artificial intelligence safety concerns and the need to prioritize risk mitigation.
OpenAI Chief Executive Sam Altman ruled out a public stock offering for the artificial intelligence pioneer this year, citing safety risks that render unacceptable even a 10% chance of human extinction by the end of the decade. The decision pushes back a potential multi-billion-dollar listing for the San Francisco-based firm following mounting regulatory pressure across the United States. Altman told business magazine Fortune that current safety demands make going public an ill-advised move.
