6 hrs ago
OpenAI Delays 2026 IPO as Altman Prioritizes AI Safety
OpenAI is a company that builds artificial intelligence.
Its CEO, Sam Altman, said the company will not sell shares to the public in 2026.
He said the timing would be a bad idea while important AI safety problems remain.
Altman said even a 10% chance of AI causing catastrophic harm is too high.
He wants companies to make sure people do not lose control of the technology.
Leaders at Anthropic and xAI also said AI development may need to slow down.
These concerns grew after an Anthropic researcher resigned over fears that AI could become extremely dangerous.
OpenAI filed paperwork for an IPO in June, but it has not chosen a date.
Sam Altman said OpenAI will not go public in 2026, calling the timing an “ill-advised moment.”
Altman said OpenAI is prioritizing AI safety and cannot risk losing control of the future to the technology.
He described a 10% chance of catastrophic AI outcomes by the end of the decade as unacceptable.
Anthropic CEO Dario Amodei and xAI co-founder Elon Musk also called for slowing AI development because of risks to humanity.
OpenAI confidentially filed for an IPO in June, but has not set a listing date; the company declined to comment.
- Who
- OpenAI CEO Sam Altman, along with Anthropic PBC CEO Dario Amodei and xAI Corp. co-founder Elon Musk.
- What
- OpenAI is delaying its IPO while prioritizing safety concerns about artificial intelligence.
- Where
- The comments appeared in a Fortune interview; the articles do not specify its location.
- When
- Altman made the comments in a Fortune interview published on Saturday; he said the IPO would not occur in 2026 and would be no earlier than next year.
- Why
- Altman said AI risks, including the possibility of losing control of the future to the technology, require greater attention to safety.
Key facts
- Company
- OpenAI
- Chief executive
- Sam Altman
- IPO timing
- No public listing in 2026; Altman said it would not take place until next year.
- Safety warning
- Altman said accepting a roughly 10% chance of catastrophic outcomes would be unacceptable.
- IPO filing
- OpenAI confidentially filed for an IPO in June.
- Industry response
- Dario Amodei and Elon Musk also voiced support for slowing AI development.
- Anthropic estimate
- A current Anthropic employee described the chance of a catastrophic outcome as greater than 10% within the next decade.
Quotes
Sam Altman
Chief executive officer of OpenAI
“I think it is unacceptable to be taking like a 10% chance of killing everybody by the end of the decade. I think in this moment we are entering a new era, and we’ll likely have to — as we’ve stepped into other eras in the past — act differently to ensure that we are doing something that will ensure the idea benefits all humanity, but also ensure that no one is taking risk anywhere close to that.”
livemint.com
CNBC TV 18
“I think a key principle that we should all agree on is that we cannot take actions that would risk losing control of the future to AI.”
livemint.com
CNBC TV 18
Sources
Related news
OpenAI Considers Slowing Cutting-Edge AI Amid Safety Concerns
OpenAI Slows AI Race as Altman Elevates Safety
Altman and Musk Back Amodei’s Call to Slow AI
Anthropic Delays IPO Prospectus, Targets Mid-October Public Debut
Anthropic Researcher Quits as AI Safety Concerns Intensify
Musk, Altman Back Anthropic CEO’s Call to Slow AI Development
Uttar Pradesh Invites Taiwanese Firms for Semiconductor Investments
Bhashini Uses AI Translation At UP-Japan Investment Summit
Uttar Pradesh Plans Japan Desk to Boost Investment, Tourism Ties
Uttar Pradesh Pushes Industrial Growth Toward $1-Trillion Economy
