Sam Altman says OpenAI going public in 2026 would be ‘ill-advised’

The Verge
OpenAI CEO Sam Altman states that an IPO in 2026 is not planned and would be premature given ongoing safety considerations.

Summary

OpenAI CEO Sam Altman has stated that the company will not go public in 2026, calling such a move "ill-advised" at this time. During a Fortune interview, Altman discussed several topics, including the Hugging Face hacking incident and the potential for recursive self-improvement. He affirmed that building an AI beyond human control is "absolutely" possible but vowed to take preventive actions, even pausing training, stating that "there are risks we should not be able to incur on behalf of humanity." Altman emphasized the company is not rushing into an IPO and will proceed only when ready, citing a significant amount of work still to be done.

(Source:The Verge)