OpenAI delays IPO over AI safety concerns as Altman cites $852B valuation
Ars Technica AI · rss · 2026-09-30
Sam Altman said OpenAI will not go public until it can "make confident safety decisions," despite admitting it would be "bad for the world" to wait too long. The $852 billion startup won't "barrel all guns blazing towards an IPO" while AI capabilities advance rapidly, he told reporters at its developer day. The announcement comes amid a new lawsuit alleging OpenAI's tools hacked a third party.
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