The Verge · Hayden Field ·

Sam Altman says OpenAI will not pursue an IPO until it can make confident safety claims about its AI models, but waiting too long would be "bad for the world"

The OpenAI CEO said he didn't want 'additional pressure' from Wall Street. … For months, people have wondered when OpenAI will go public.

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Sam Altman says OpenAI will not pursue an IPO until it can make confident safety claims about its AI models, but waiting too long would be "bad for the world"

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The Verge — Sam Altman says OpenAI will not pursue an IPO until it can make confident safety claims about its AI models, but waiting too long would be "bad for the world" ↗

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Sep 30Oct 1

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Bloomberg: Sources: OpenAI aims to raise $30B+ at a ~$1.4T pre-money valuation, up from ~$1.2T, meant to be a bridge round to provide it with capital in place of an IPO

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Related stories

Fortune: Sam Altman confirms OpenAI won't go public this year saying "given everything happening with safety, right now would be an ill-advised moment to go public"

Bloomberg: Sam Altman told OpenAI employees that the company is considering slowing cutting-edge AI development, and he hopes other AI companies will do the same

Business Insider: Sam Altman says AI could end up controlled by a few powerful players, partly because AI fears could push people to trade "a lot of liberty for safety"

The Information: Google, OpenAI, and Anthropic plan to launch an AI safety standards body without government oversight in late 2026 or 2027, and are considering CEOs

Time: Interviews with OpenAI leaders, employees, and others on the company's reboot; Sam Altman says OpenAI would have a system he would call AGI by the end of 2026

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