OpenAI will not go public in 2026, said the company's CEO Sam Altman in an interview with Fortune. According to him, it is currently a "bad time" for an IPO due to AI safety concerns. When asked if the IPO could be postponed by a year, he replied: "I would say not 2026. Yes, we have a lot of work to do, for example, to meet safety and consistency requirements, as well as to understand how the industry and governments can collaborate."
According to Altman, OpenAI is not under pressure regarding the listing and will return to it when both the business and the public context are ready. He also mentioned that OpenAI has discussed potential pauses in model development when reaching new levels of capability to allow additional time for safety work. Altman suggested that leading AI companies might agree on joint steps to slow down development and reduce risks. The possibility of such decisions is linked to the corporate structure of the company, which is divided between non-profit and commercial parts. He emphasized that this model allows for actions that are not always beneficial to the business and shareholders but align with the mission.
In June, OpenAI confidentially filed a Form S-1 with the U.S. Securities and Exchange Commission for a potential IPO. The New York Times reported on a possible postponement of the stock offering to 2027. According to the publication, as well as Reuters, the company's potential valuation could reach $1 trillion.
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