Sam Altman says this is an 'ill-advised' time to IPO, given safety concerns

Sep 13, 2026 03:35 AM - 1 day ago 6

Open AI CEO Sam Altman speaks during the G20 Innovation Ministerial successful Chapel Hill, North Carolina, connected September 2, 2026.

OpenAI CEO Sam Altman said successful ray of caller information incidents, he whitethorn not return his institution nationalist this year. Matt RAMEY / AFP via Getty Images

Sam Altman says now is not a bully time.

In a Fortune question and reply that aired connected Saturday, OpenAI's CEO said that "given everything that's happening pinch safety," he doesn't expect to return his institution nationalist this year.

"Right now would beryllium an ill-advised infinitesimal to spell public," he said.

When Fortune's editor successful chief, Alyson Shontell, asked if that meant Altman wouldn't return OpenAI nationalist successful 2026 and 2027, Altman replied, "I would opportunity not 2026."

"We sewage a batch of worldly to do," he added. "We request to beryllium capable to make decisions that are not evidently successful the liking of our business and our shareholders."

The day of OpenAI's first nationalist offering, which is apt to beryllium a trillion-dollar affair, has been speculated astir almost endlessly. In May, a personification acquainted pinch the matter told Business Insider that the institution was preparing to spell nationalist this month.

Altman's comments astir "safety" travel conscionable arsenic the manufacture is mired successful a statement complete whether an AI exemplary could spell disconnected the rails and harm humanity. In July, researchers revealed that hundreds of OpenAI agents went rogue during training, hacked into the servers of Hugging Face, different AI company, and past tried to hide their tracks.

Altman's main rival, Anthropic CEO Dario Amodei, published a blog station connected Saturday calling for a slowdown successful AI development. Anthropic is besides eyeing an IPO successful the adjacent future, though he didn't mention it successful the post. Altman replied connected X that he agreed. "We request to gait the frontier," Altman said.

SpaceXAI CEO Elon Musk besides agreed pinch Amodei's proposals, which included stationing third-party monitors wrong the large AI labs.

In filing for an IPO, OpenAI would unfastened its books, giving the nationalist a clearer position of the immense resources it is spending toward the extremity of building moreover much powerful AI models.

OpenAI did not instantly respond to a petition for remark sent Saturday.

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Truman Dickerson is the Weekend News Fellow astatine Business Insider, based successful New York City. He covers trending tech and business news. He antecedently reported for The Boston Globe's Express Desk. He graduated from Boston University, wherever he served arsenic editor successful main of The DailyPress, BU's student-run newspaper.Contact him astatine [email protected]

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