Sam Altman Rules Out OpenAI IPO This Year
OpenAI IPO Won’t Happen This Year, Says Sam Altman
OpenAI chief executive Sam Altman said the company will not pursue an initial public offering this year.
The statement rules out a public-market listing for the remainder of the year, although it does not indicate whether OpenAI intends to pursue an IPO at a later date. No further details about the company’s plans or the reasons for the decision were provided.
An IPO would allow investors to buy shares in OpenAI on a public exchange. For now, however, the company will remain privately held.
