OpenAI’s Sam Altman says it would be ‘ill-advised’ to go public in 2026

TechCrunch
OpenAI CEO Sam Altman stated that an IPO in 2026 would be 'ill-advised' due to ongoing safety concerns, delaying the company's public offering.

Summary

OpenAI CEO Sam Altman has indicated that the company will not be going public in 2026, despite having filed confidentially for an IPO. In a recent interview with Fortune's editor in chief, Altman stated that given the current focus on AI safety, right now would be an "ill-advised moment to go public." He emphasized that OpenAI will only pursue an IPO "when we're ready," which depends on business readiness and societal conditions surrounding the technology. This contradicts earlier reports from June 2026, which suggested OpenAI was leaning toward a 2027 IPO due to tech stock volatility and internal financial challenges, after initially targeting the third or fourth quarter of 2026. Altman's comments underscore the company's prioritization of safety and caution over rapid financial milestones.

(Source:TechCrunch)