Sam Altman announces: OpenAI will not go public in the coming years
OpenAI CEO Sam Altman announced in an interview with Fortune magazine that the company will not go public on Wall Street in 2026. The announcement has surprised many in the capital market, as the company is considered one of the leading and most promising players in the field of artificial intelligence globally.
Altman's decision comes against the backdrop of the rapid development of technology and its impact on human society. Altman emphasized that OpenAI's primary goal is to continue developing advanced technological tools responsibly, while taking into account the potential risks associated with the development of powerful artificial intelligence.
Experts estimate that the delay in the IPO stems from the management's desire to maintain full control over its development strategy, without the public and financial pressure that characterizes publicly traded companies. For now, the company prefers to focus on research and improving its existing models.
Altman's decision also affects many investors around the world, including in Israel, where many companies operate using OpenAI's technology. As of now, it appears that the company will continue to raise funds through private channels and will not become a public company in the near future.