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20:50 13 Sep

PulseStartups 13 Sep 2026 · 20:50 UTC+3

Sam Altman announces OpenAI will not pursue IPO in 2026

Sam Altman, CEO of OpenAI, stated that the company will not file for an IPO this year, citing it as an ill-advised time to go public.

Engadget 1 min read

OpenAI CEO Sam Altman has declared that the company will not pursue an initial public offering (IPO) in 2026. In an interview with Fortune, Altman described the current market conditions as unfavorable for going public.

This decision comes amid widespread speculation about OpenAI's future financial strategies, given its rapid growth and increasing influence in the AI sector.

Altman's statement suggests that OpenAI is taking a cautious approach, prioritizing stability and strategic growth over immediate public market entry.

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