OpenAI’s Sam Altman confirms it would be ‘ill-advised’ to go public in 2026
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While OpenAI has filed confidentially for an IPO, the company will not be going public this year, according to CEO Sam Altman.
Key facts
While OpenAI has filed confidentially for an IPO, the company will not be going public this year, according to CEO Sam Altman
Altman was interviewed recently by Fortune editor in chief Alyson Shontell; amidst the fallout from the OpenAI-HuggingFace hack, as well as broader discussions about AI safety, Shontell asked
Summary
Altman was interviewed recently by Fortune editor in chief Alyson Shontell; amidst the fallout from the OpenAI-HuggingFace hack, as well as broader discussions about AI safety, Shontell asked whether OpenAI still feels pressure to “move fast” due to its IPO plans. “We’re not rushing into an IPO,” Altman said. Instead, he insisted that OpenAI will go public “when we’re ready, which is when the business is ready, when we feel ready from what the moment is like in society with this technology.” When pressed on whether that means the IPO isn’t happening in 2026, Altman replied, “The reporter would say not 2026, yeah.