OpenAI CEO Sam Altman signaled that the company will delay its initial public offering (IPO) amid concerns about the safety and alignment of AI models given potential risks they could pose to society.
The ChatGPT-maker confidentially submitted an S-1 filing with the Securities and Exchange Commission in June to begin the IPO process. The company said at the time that it hadn’t decided on the timing of the IPO, saying “it may be a while” because it could be easier to do certain things as a private company in the meantime.
Altman said in an interview with Fortune that “we’re not rushing into an IPO” and that “I think given everything that’s…
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