OpenAI delays IPO until models deemed safe

openai ceo sam altman announced that the company will not pursue an initial public offering (ipo) until it can make confident safety claims about its models. altman cited concerns about adding 'additional pressure' from wall street, which could compromise the company's focus on safety. this decision follows recent controversies over ai safety, including incidents at openai, anthropic, meta, and google. openai's rival, anthropic, officially filed for an ipo in june, with its offering likely to happen in november.