Sam Altman confirms OpenAI won't go public this year saying "given everything happening with safety, right now would be an ill-advised moment to go public" (Jason Ma/Fortune)

Sam Altman, CEO of OpenAI, has confirmed that the company will not go public this year. He stated that "given everything happening with safety, right now would be an ill-advised moment to go public." This decision means that Wall Street will have to wait longer for one of the most anticipated initial public offerings, as Altman explicitly ruled out an IPO in 2026.