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Sam Altman, CEO of OpenAI, announced that the company's planned initial public offering (IPO) scheduled for 2026 will be postponed due to safety concerns—that the use of artificial intelligence could potentially lead to human extinction by the end of the decade. He emphasized that a 10% probability of AI causing such an outcome is unacceptable, and that responsibility requires regulatory oversight and slower development to ensure safety. He also indicated that the company is exploring collaborations with other firms to slow down AI model development and address safety risks, with expectations that the IPO may not take place in 2026 and could be postponed to 2027.
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