Sam Altman rules out an OpenAI listing in 2026 and gives safety as the reason

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OpenAI will not go public this year, and Sam Altman says the reason is safety.

“I would say not 2026,” he told Fortune in an interview at the company’s San Francisco headquarters on Friday.

“Given everything happening with safety, right now would be an ill-advised moment to go public.”

The interview was given to Fortune’s editor-in-chief Alyson Shontell. Altman said the company had “a lot of stuff to do” on safety and alignment, that it would list when the business was ready and when society was ready, and that “society needs to contend with these models at each level of capability”. He said OpenAI was happy to delay.

In June, when the same 2027 date first surfaced, the explanation on offer was money. Altman had reportedly turned down an earlier debut at a lower price and was holding outfor a $1tn valuation. SoftBank’s shares fell on the news,...

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