OpenAI rules out a 2026 IPO as Altman points to AI safety risks
OpenAI has ruled out a 2026 initial public offering, with chief executive Sam Altman saying AI safety challenges make it a poor time to list. The company had previously discussed a potentially trilliondollar IPO with 2026 as an initial target. It has now pushed the likely timetable to 2027. Altman said the team faces significant responsibility regardless of timing.