‘Ill-advised moment’: OpenAI’s Altman rules out 2026 IPO amid AI safety fears
Altman and CEOs of AI platforms call for slowing AI model development
OpenAI's CEO Sam Altman has stated that the company will not go public in 2026 as it prioritizes addressing AI safety concerns, according to an interview with Fortune. Altman described this year as an "ill-advised moment" for an initial public offering, with a listing expected in 2027. He emphasized the unacceptable risk of a 10% chance of potentially causing human extinction by the end of the decade.
Altman's remarks align with those of Anthropic CEO Dario Amodei and xAI co-founder Elon Musk, who called for a slowdown in AI development due to escalating risks for humanity. This rare consensus among key competitors in the AI field highlights growing anxiety about the potential existential threat posed by AI technology.
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