Good morning. Tech giant OpenAI is poised to be among the largest IPOs—but it’s not going public this year.
Growing concerns about AI safety are contributing to OpenAI’s decision to delay its market debut, with an IPO potentially coming in 2027 or later. “I actually think that, given everything happening with safety, right now would be an ill-advised moment to go public, and we don’t feel pressure on that,” OpenAI CEO Sam Altman told Fortune Editor-in-Chief Alyson Shontell in an exclusive interview on Friday.