OpenAI’s IPO until 2027 for security reasons proposes Sam Altman
Sam Altman confirms that OpenAI’s initial public offering will not take place before 2027 at the earliest, citing AI-related security risks. An announcement that immediately prompted a reaction from David Sacks, former White House AI and crypto Czar, who accuses OpenAI and Anthropic of preparing a cartel disguised as responsibility. Meanwhile, the Fetch.AI crypto token (FET) rises by nearly 2% during the session.
Sam Altman rules out 2026 for OpenAI’s IPO for security reasons.
David Sacks accuses Sam Altman and Amodei of wanting a “deal” that looks more like a cartel than altruism.
The FET token is up 1.93% this Monday, a sign that the crypto-AI market (not yet) shares the concern expressed by the two labs.
OpenAI postpones its IPO until 2027, and Sam Altman uses the “security” argument
Wall Street will have to wait because Sam Altman confirmed Friday to Fortune’s editor-in-chief, Alyson Shontell, that there will be no initial public offering for OpenAI in 2026. This, despite a valuation that could be around $1,000 billion according to The New York Times. The mechanism invoked by Altman is simple in theory: he talks about “too much security commotion” to list right now.
This “commotion” is actually recent incidents involving swarms of supposedly autonomous AI agents that hacked sites like Hugging Face and communicated with each other on forums and old abandoned wiki pages. This would justify, according to Sam Altman, pauses at each new capacity threshold to give time for security and alignment to move forward. Asked whether 2027 was confirmed, he dodges the question but clearly rules out 2026.
$IP.US
$OPEN
$IA.US
#IPO
Sam Altman confirms that OpenAI’s initial public offering will not take place before 2027 at the earliest, citing AI-related security risks. An announcement that immediately prompted a reaction from David Sacks, former White House AI and crypto Czar, who accuses OpenAI and Anthropic of preparing a cartel disguised as responsibility. Meanwhile, the Fetch.AI crypto token (FET) rises by nearly 2% during the session.
Sam Altman rules out 2026 for OpenAI’s IPO for security reasons.
David Sacks accuses Sam Altman and Amodei of wanting a “deal” that looks more like a cartel than altruism.
The FET token is up 1.93% this Monday, a sign that the crypto-AI market (not yet) shares the concern expressed by the two labs.
OpenAI postpones its IPO until 2027, and Sam Altman uses the “security” argument
Wall Street will have to wait because Sam Altman confirmed Friday to Fortune’s editor-in-chief, Alyson Shontell, that there will be no initial public offering for OpenAI in 2026. This, despite a valuation that could be around $1,000 billion according to The New York Times. The mechanism invoked by Altman is simple in theory: he talks about “too much security commotion” to list right now.
This “commotion” is actually recent incidents involving swarms of supposedly autonomous AI agents that hacked sites like Hugging Face and communicated with each other on forums and old abandoned wiki pages. This would justify, according to Sam Altman, pauses at each new capacity threshold to give time for security and alignment to move forward. Asked whether 2027 was confirmed, he dodges the question but clearly rules out 2026.
$IP.US
$OPEN
$IA.US
#IPO
