OPENAI'S SAM ALTMAN SAYS IT WOULD BE ‘ILL-ADVISED' TO GO PUBLIC IN 2026

Summary from the TLDR newsletter

OpenAI CEO Sam Altman has confirmed that the company will not be going public this year. He said it would be an ill-advised moment to go public due to current safety concerns. OpenAI had hired bankers and lawyers with the goal of going public this year. The company is now leaning toward 2027 due to the volatility of tech stocks and its own financial challenges.