DeepHorus is an innovative tech media and intelligence platform focused on AI, blockchain, startups, and emerging technologies.
Published on

OpenAI will not go public this year

Authors
  • avatar
    Name
    DeepHorus
    Twitter

OpenAI CEO Sam Altman confirmed in an interview with Fortune magazine this Friday that the company will not go public this year. Altman said that OpenAI is not in a hurry to push forward with an initial public offering (IPO), and based on what is currently happening in the field of AI safety, going public this year would not be a wise choice, and the company feels no pressure in this regard.

Altman added that OpenAI will choose to go public when its business and the company are ready and the social environment is appropriate. When the host asked whether the company would be ready for an IPO in 2027, he replied: "I would say not 2026. Yes, we still have many things to do, such as addressing the current safety situation and thinking about how we can cooperate with the entire industry and governments."

Earlier, The New York Times reported in June this year that OpenAI tended to postpone its IPO, originally planned for this year, to next year, when the company's valuation could reach $1 trillion (approximately 6.73 trillion yuan at the current exchange rate). The media outlet believed at the time that the reason OpenAI delayed its IPO was related to SpaceX. The rocket and AI company led by Elon Musk initially raised $85 billion (approximately 571.652 billion yuan at the current exchange rate) through its IPO, and its price surged in the early stage of listing, once reaching $1.8 trillion (approximately 12.11 trillion yuan at the current exchange rate), but subsequently fell back rapidly.

Altman hinted in the interview that OpenAI is likely to announce an agreement with other frontier AI companies to slow down AI development, jointly addressing the increasingly severe safety risks. He himself is very willing to postpone OpenAI's IPO schedule for the sake of safety. In addition, he also said that as AI capabilities reach new heights, OpenAI has considered temporarily suspending the development of frontier AI to buy more time for safety and alignment work.

Altman believes that ideally, the entire AI industry and governments of various countries should cooperate on this issue. Analysts pointed out that Altman's remarks reflect the intensifying trade-off between rapid development and safety governance among leading companies in the AI industry, and the choice of IPO timing has also become an important window for observing this game. Whether OpenAI can proceed with its IPO as scheduled in 2027 in the future still depends on multiple factors such as business maturity, the safety situation, and the regulatory environment.