OpenAI’s present priorities don’t include IPO, says CEO Sam Altman

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OpenAI chief executive Sam Altman dismissed speculations over the AI major going public, stating that it’s not a priority, citing operational challenges and the need to keep investing heavily in computing power and research.

“I totally get why people wish we were just a public company now,” Altman told CNBC on Friday. “And I have negative feelings about how much growth happens in private markets and how.”

He added that, despite speculation, an initial public offering (IPO) is not on the immediate agenda. “Whenever we do go public, if we…



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OpenAI’s present priorities don’t include IPO, says CEO Sam Altman



OpenAI chief executive Sam Altman dismissed speculations over the AI major going public, stating that it’s not a priority, citing operational challenges and the need to keep investing heavily in computing power and research.

“I totally get why people wish we were just a public company now,” Altman told CNBC on Friday. “And I have negative feelings about how much growth happens in private markets and how.”

He added that, despite speculation, an initial public offering (IPO) is not on the immediate agenda. “Whenever we do go public, if we…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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