Why OpenAI’s Sam Altman says an IPO isn’t in the cards this year
Concerns about AI safety have ramped up, and OpenAI’s CEO says now would be an ‘ill-advised’ time for the ChatGPT creator to go public
OpenAI CEO Sam Altman announced that the company will not pursue an IPO in 2026, citing safety concerns regarding artificial intelligence. Altman stated that any risk of AI causing human extinction, even at a 10% probability, is too great to allow the company to go public. This decision comes amid increasing calls from U.S. lawmakers and AI safety researchers for stricter regulations on AI systems.
Anthropic CEO Dario Amodei also urged a more deliberate approach to AI development, suggesting that the pace of improvement in AI models should be slowed. Despite Altman's decision, it is believed that OpenAI and other leading AI firms may soon unveil a pact to collaborate on safety risks.
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- Why OpenAI’s Sam Altman says an IPO isn’t in the cards this year marketwatch.com
- OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable' channelnewsasia.com
