Growing concern about security: Sam Altman no longer wants to take Open AI public this year
In view of the current debate about the dangers of advanced artificial intelligence, the CEO of Chat-GPT developer is postponing the initial public offering.
Open AI's CEO Sam Altman has announced that the company's highly anticipated initial public offering will not take place this year, citing the current debate over the risks of advanced artificial intelligence. Altman expressed concerns about the company's readiness, stating that it would be ill-advised to go public at this time.
He also mentioned that the company is working to address safety and alignment requirements, and that it is beneficial to do so as a private company. Altman previously supported a proposal to slow down AI development until government regulations and safety protocols are in place. Open AI's Chat-GPT sparked the current AI hype several years ago and is expected to achieve a high valuation if it goes public.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
