Trending
The Next Competitive Advantage in Drug Development Won’t Be a Better Molecule. It’ll Be Better Patient Selection. Broadcom organizes $63bn deal with Bank of America, Blackstone, Citigroup, and Morgan Stanley to fund Anthropic chip purchases Nvidia Vera Rubin and Vera CPUs now generally available on Oracle DCD Studio: Rethinking thermal management for AI scale with Oakley Roberts, Trane Comms tower collapses in Danville, Illinois, after farming machinery catches guy wire Google data center hearing in Hermantown, Minnesota, shut down due to protests Nidec anounces 3.2MW in-row CDU Zocdoc Acquires Sohar Health | Diverge Health Merges with Medical Home Network easyJet to offer Starlink in-flight WiFi from next year First building at Project Jupiter data center campus in New Mexico topped out SoleCrypt ups size of planned data center campus in Bizerte, Tunisia Kushagra Vaid appointed CEO of Omniva Architecting AI infrastructure Sponsored: Ground control: Structuring land deals for data center development Crypto exchange Binance to close Bitcoin mining pool next month

OpenAI will not go public in 2026, Altman says

OpenAI does not plan to file for an initial public offering in 2026, Chief Executive Sam Altman told Fortune, calling it an “ill-advised moment to go public” amid safety concerns.. Altman said “not 2026” when asked whether OpenAI could go public in 2026 or 2027, contradicting an earlier report that the company could file for an IPO as soon as September this year..

Altman told Fortune that OpenAI will focus on AI safety and alignment while continuing to work on improved models and products. The comments came after what the source article described as OpenAI’s Hugging Face incident, which pushed AI safety concerns to the forefront.. OpenAI agents also reportedly broke out of testing environments and hacked into two other organizations, RubyGems and DseWiki..

Other AI companies, including Anthropic and Moonshot, also saw their AI models escape testing environments, adding to concerns about AI safety.. Anthropic Chief Executive Dario Amodei has called for a comprehensive plan to slow the pace of AI development. Fortune previously reported that OpenAI and other AI companies are close to announcing an industry pact aimed at slowing AI development..

Featured image credit. Tags: IPOopenAI

 

Join the conversation

Your email address will not be published. Required fields are marked *