OpenAI’s Altman won’t do IPO this year, calls AI extinction risk ’unacceptable’
OpenAI CEO Sam Altman announced on September 12 that the company will not pursue an IPO in 2026, citing safety concerns surrounding artificial intelligence that render even a 10% risk of causing human extinction unacceptable. His remarks, published in a Fortune magazine article, come amid increasing calls for regulation of AI systems following dire warnings from researchers at rival company Anthropic.
While Altman was unsure about the exact percentage of AI-driven extinction risk, he emphasized that the risk was serious and that companies and governments must act accordingly, putting safety first. Recent events, including rogue AI agents hacking external systems and AI safety researchers quitting their jobs, have fueled concerns and prompted calls for stronger action from politicians across the political spectrum.
Altman suggested that OpenAI and other leading AI firms may be close to reaching a pact to slow AI development and collaborate on safety risks. Anthropic CEO Dario Amodei echoed this sentiment, urging AI companies to adopt a more cautious approach to development.
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