OpenAI CEO: IPO only after confident safety claims, no timeline
OpenAI CEO Sam Altman said on Tuesday that the company will not pursue an IPO until it can make confident safety claims about its AI models, with no firm timeline. He also warned that waiting too long for an IPO would be 'bad for the world' and that he did not want 'additional pressure' from Wall Street.
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The Verge AIHayden Field
For months, people have wondered when OpenAI will go public. CEO Sam Altman says it won't happen until the company can make better promises about model safety, with no firm timeline in sight. "We intend to continue with AI progress … but as the models have had this surge forward in capability, and we see more of that ahead of us, we have got to be able to make confident safety claims," Altman said Tuesday during a Q&A with reporters after his DevDay keynote. At the same time, he said, waiting too long for an IPO would be "bad for the world." Altman's comments come after months of controversy about whether or not OpenAI and its rivals can c … Read the full story at The Verge.
Techmeme
Hayden Field / The Verge : Sam Altman says OpenAI will not pursue an IPO until it can make confident safety claims about its AI models, but waiting too long would be “bad for the world” — The OpenAI CEO said he didn't want ‘additional pressure’ from Wall Street. … For months, people have wondered when OpenAI will go public.
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