OpenAI IPO will not take place in 2026, Sam Altman says

This was supposed to be the year of blockbuster artificial intelligence IPOs, but over the weekend, OpenAI CEO Sam Altman confirmed the company will no longer go public in 2026.In an interview with Fortune, Altman said the IPO would be "ill-timed" given escalating concerns over AI safety and development. Altman told Fortune Editor-in-Chief Alyson Shontell that the IPO would not take place in 2026. Although many outlets have reported that the IPO will now take place in 2027, Altman told Shontell