OpenAI will not go public this year after CEO Sam Altman said that an initial public offering would be “inappropriate” in the current context, CNBC reports.
The decision delays until at least 2027 one of the most anticipated listings in the technology sector. The company has not provided an official timeline for a potential initial public offering and has not announced a specific date for its stock market debut.
Sam Altman’s position comes amid growing concerns about the safety of advanced artificial intelligence systems. OpenAI develops some of the best-known generative AI models, while the technology’s rapid evolution has intensified debates about the control, risks and responsibility of companies in the sector.
A public listing would entail a transparent valuation of the company and greater exposure to investor pressure. In the current climate, OpenAI’s leadership considers such a move inappropriate. The delay keeps the company at the center of the technology industry’s attention, as discussions about the future of artificial intelligence and safety measures continue.
,Sources
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