OpenAI CEO Sam Altman has indicated that the company does not plan to go public this year, suggesting that a potential initial public offering (IPO) could be delayed until at least 2027.
Speaking to Fortune, Altman said that given the ongoing discussions around AI safety and alignment, the current environment is not the right time for OpenAI to become a publicly traded company.
Altman emphasized that OpenAI still has significant work ahead, including addressing safety requirements, improving AI alignment, and exploring how the technology industry and governments can cooperate on responsible AI development.
The decision comes as major AI companies face increasing scrutiny over the rapid expansion of artificial intelligence and the potential risks associated with advanced AI systems.
Meanwhile, Anthropic CEO Dario Amodei has publicly called for a slower pace in the AI race, a position that was also supported by Altman and Elon Musk.
A delayed IPO would allow OpenAI to continue focusing on product development, safety measures, and strategic partnerships without the additional pressure that comes with operating as a public company.
