Artificial Intelligence: OpenAI CEO: No IPO this year
ChatGPT developer OpenAI is probably the most well-known AI company. The long-prepared IPO is likely to be a huge event. But company boss Sam Altman thinks the timing is unfavorable.
OpenAI, the developer of ChatGPT, has cancelled its highly anticipated initial public offering (IPO) for this year, according to CEO Sam Altman. He cited the current debate on the risks of advanced artificial intelligence as a reason, stating that it would be unwise to go public at this time. Altman did not rule out an IPO in 2026.
The decision comes amid growing concerns about AI risks, including hacking attacks and the potential for AI to harm humanity, with some researchers warning that the danger of AI killing humans could be over 10% in the next decade.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
