Marketplace · Wednesday, September 30, 2026
Sam Altman, CEO of OpenAI, announced that the company will postpone its initial public offering (IPO) until it can make confident safety decisions regarding its artificial intelligence technology. This decision impacts OpenAI's fundraising strategy, as it will need to secure capital from alternative sources.
“Sam Altman yesterday said that OpenAI is going to hold off on going public while it figures out the whole possibly destroying humanity.”
“He said the company is not going to push to go public until it can, and here I quote, make confident safety decisions.”
“And OpenAI is not the only company deciding that maybe now is not the time to test market capitalism's waters. Aura, makes those health tracking rings, is also holding off on its IPO, which means both of those companies and others are going to have to look elsewhere to raise money.”