OpenAI to push IPO plans amid AI safety concerns
'Right now would be an ill-advised moment to go public,' Sam Altman said. Read more: OpenAI to push IPO plans amid AI safety concerns
OpenAI CEO Sam Altman has indicated that the company is not planning to go public this year, prioritizing AI safety over an IPO. Despite filing to go public in June, Altman stated that it could be a "while" before OpenAI ceases to be a private company. This decision comes amid heightened scrutiny around AI safety, with rivals Anthropic seemingly accelerating their plans.
Anthropic aims to raise funds at a valuation of at least $2trn, potentially surpassing SpaceX as the largest public listing in history. The race to develop AI systems has also raised concerns, with former Anthropic researcher accusing both companies of acting irresponsibly. OpenAI's CEO, however, remains committed to the company's profitability, even if the development pace is slowed.
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