Sam Altman Confirms OpenAI Will Not IPO This Year

OpenAI CEO Sam Altman confirmed in a Fortune interview that the company will not pursue an IPO this year, stating that the current climate is unsuitable for going public due to rising concerns over AI safety. Altman emphasized that the company is prioritizing safety and alignment over capital, noting that he is willing to confront investors if necessary to pause development for safety reasons. While Altman did not commit to a 2027 timeline, reports suggest internal discussions have shifted toward that year due to financial and market factors. Meanwhile, competitor Anthropic is reportedly accelerating its own IPO plans, aiming for a potential listing as early as November.