OpenAI’s Sam Altman says it would be 'ill-advised' to go public in 2026
TechCrunch
•Sat, 12 Sep 2026 20:19:16 +0000
📰 What Happened
OpenAI has filed privately to list on the stock market, but chief executive Sam Altman says the company will not go public this year. In an interview with Fortune editor Alyson Shontell, he said the company is not rushing into an IPO. He added that with everything happening around safety, right now would be an ill-advised moment to go public. Asked directly, he said not 2026.
🔍 The Backstory
Altman said OpenAI will list when the business and the moment are ready. The New York Times reported in June that OpenAI had hired bankers and lawyers aiming for late 2026, but was leaning towards 2027 because of shaky tech stocks and its own money challenges. His comments came during the fallout from the OpenAI and Hugging Face hack, and a wider debate about AI safety.
🎯 Why It Matters
OpenAI powers tools used by millions of students and workers. Whether it is public or private affects how much pressure it faces to make money fast.
OpenAI has filed privately to list on the stock market, but chief executive Sam Altman says the company will not go public this year. In an interview with Fortune editor Alyson Shontell, he said the company is not rushing into an IPO. He added that with everything happening around safety, right now would be an ill-advised moment to go public. Asked directly, he said not 2026.
Altman said OpenAI will list when the business and the moment are ready. The New York Times reported in June that OpenAI had hired bankers and lawyers aiming for late 2026, but was leaning towards 2027 because of shaky tech stocks and its own money challenges. His comments came during the fallout from the OpenAI and Hugging Face hack, and a wider debate about AI safety.
OpenAI powers tools used by millions of students and workers. Whether it is public or private affects how much pressure it faces to make money fast.