Sam Altman, CEO of OpenAI, has expressed a lack of interest in running a publicly traded company, despite acknowledging the possibility of an initial public offering (IPO) to secure capital for the rapidly growing AI startup. Speaking on the Big Technology Podcast, he highlighted the practical reasons that may lead OpenAI towards an IPO, while also emphasizing the benefits of remaining private. Altman noted that as OpenAI approaches shareholder limits and seeks significant funding, a public listing may become more likely, but would occur later than many peers. OpenAI, founded in 2015, has seen explosive growth since launching ChatGPT in 2022, amassing around 800 million weekly users and securing deals totaling about $1 trillion with major tech companies like Oracle and Nvidia. Reports suggest OpenAI could file for an IPO as early as late 2026, with a current valuation around $830 billion, potentially rising to $1 trillion.
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