OpenAI pushes IPO to 2027 amid fears of rogue AI, calls to slow down development, Altman confirms

OpenAI CEO Sam Altman confirmed that the company's IPO will not occur in 2026, pushing it to 2027 or later due to significant safety concerns regarding artificial intelligence. Altman stated that even a 10% risk of AI causing human extinction by the decade's end is "unacceptable," emphasizing the need for industry and government collaboration on safety and alignment. He noted, "I actually think that, given everything happening with safety, right now would be an ill-advised moment to go public." This decision comes amid increasing calls from US lawmakers for new AI regulations and warnings from researchers about potential existential risks. Altman also hinted at a potential pact among leading AI firms to slow development and collectively address safety, a sentiment echoed by Anthropic CEO Dario Amodei, who urged a more deliberate approach to AI advancement.