OpenAI CEO Sam Altman rules out 2024 IPO, eyes 2027

OpenAI CEO Sam Altman stated that the company will not pursue an initial public offering (IPO) this year, with a potential listing pushed to 2027. In an interview with Fortune, Altman noted that going public is not currently advisable due to ongoing safety concerns and emphasized that the company faces no pressure to list. He added that significant work remains regarding safety, alignment, and fostering collaboration between the industry and government. This statement follows a call from Anthropic (Anthropic) CEO Dario Amodei to slow down the AI race, a sentiment echoed by both Altman and Elon Musk (Elon Musk).