OpenAI CEO Sam Altman Says Going Public in 2026 Would Be 'Ill-Advised'
Sam Altman, CEO of OpenAI, stated that going public in 2026 would be ill-advised due to ongoing concerns around AI safety and broader societal implications. Despite having filed confidentially for an IPO earlier this year, Altman emphasized the company is not rushing into a public offering but will proceed when it feels ready both business-wise and socially responsible. In an interview with Fortune's Alyson Shontell, Altman confirmed that OpenAI does not plan to go public in 2026. He highlighted the need for careful timing given current challenges such as recent security incidents involving AI models like HuggingFace hack and broader tech stock volatility. Earlier reports had suggested a potential IPO window between Q3 or Q4 of 2026, but OpenAI is now leaning toward delaying it to 2027.
Topics: AI Fundraising OpenAI Sam Altman