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Sam Altman rules out OpenAI IPO in 2026, cites safety concerns

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OpenAI CEO Sam Altman confirmed in a Fortune interview that the company will not pursue an initial public offering in 2026, calling such a move ill-advised. The wide-ranging 45-minute conversation also touched on AI safety, the Hugging Face hacking incident, and the concept of recursive self-improvement. Altman acknowledged it is 'absolutely' possible to build an AI that surpasses human control, but pledged to take preventive steps, including pausing model training if necessary. He emphasized that certain risks should not be imposed on humanity, signaling a cautious approach to both AI development and corporate expansion.

Read the full story at The Verge

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