OpenAI leans toward 2027 IPO Sam Altman cites AI safety
Business
OpenAI's big stock market debut is on hold, with the company leaning toward 2027.
CEO Sam Altman says the company wants to make sure both its business and society are prepared for advanced AI before going public.
He called the original timing "ill-advised," pointing out concerns around AI safety and how people feel about new tech.
Sam Altman says IPO not rushed
OpenAI had planned to go public in late 2026, but shifting tech markets made it rethink things.
Altman stressed that OpenAI is not rushing into an IPO, showing OpenAI is focused on responsibility over rushing.
The delay is about making sure the business is ready, and that the moment is right in society with this technology, before taking such a huge step.