Sam Altman denies OpenAI IPO in 2026
Sam Altman, CEO of OpenAI, announced his decision not to pursue an initial public offering (IPO) for the company on the stock exchange during 2026, due to ongoing controversy surrounding the risks of advanced artificial intelligence. He emphasized that this is not the right time for such a move, especially amid rising concerns over cyber intrusion incidents and increasing criticism regarding potential dangers to humans. Experts believe that the risk posed by artificial intelligence to humanity could exceed 10% within the next decade.
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