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OpenAI Defers IPO to Beyond 2026, Citing AI Safety Concerns
According to a Fortune interview on September 12, Sam Altman, CEO of OpenAI, said the company will not proceed with an IPO this year, deferring the planned public offering beyond 2026. Altman cited AI safety concerns as the primary reason, stating that now is not an appropriate time to go public given ongoing safety-related developments. He emphasized that OpenAI prioritizes safety over business considerations and cannot accept a 10% risk of catastrophic AI outcomes. The company previously submi
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