Sam Altman Says OpenAI Will Not Go Public in 2026, Calls IPO Now “Ill-Advised”
Summary
OpenAI CEO Sam Altman says the company will not pursue an IPO in 2026, calling a listing now “ill-advised” until both its business and society are ready for the technology, despite reported preparations for a late-2026 debut.
Key Points
- OpenAI CEO Sam Altman says the company will not go public in 2026, calling an IPO now "ill-advised" amid AI-safety concerns.
- Altman says OpenAI will pursue an IPO only when its business is ready and society is ready for the technology.
- The New York Times reports OpenAI hired bankers and lawyers for a planned third- or fourth-quarter 2026 listing but is leaning toward 2027 because of tech-stock volatility and financial challenges.