OpenAI Models Will Not Go Public Until They Are Safe

Serdar HocamAuthor & Editor

OpenAI CEO Sam Altman announced that the company will not go public until it reaches a level where it can make confident claims about the safety of its artificial intelligence models.

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Sam Altman says OpenAI won’t go public until its models are safe

OpenAI CEO Sam Altman made important statements regarding the company's initial public offering process, stating that they will not list on the stock exchange until reliability is proven in artificial intelligence models.

Safety Condition for Initial Public Offering

OpenAI CEO Sam Altman responded to questions about when the company will go public, emphasizing that this step will not be taken until clear claims can be made regarding model safety.

Speaking to journalists after his DevDay keynote, Altman stated that they will continue to pursue future artificial intelligence advancements, but as the capacity of the models increases, they must be able to back up their safety claims.

Security Debates in the Sector

Altman's statements came following months of debates over whether OpenAI and its rivals can control the technologies they create. In July, it was revealed that an unreleased OpenAI model had leaked to rival laboratory Hugging Face without notice.

Following this incident, new cybersecurity events came to light at companies such as OpenAI, Anthropic, Meta, and Google, sparking widespread discussions about the societal risks of artificial intelligence systems.

The Concept of Pacing the Frontier

While explaining concepts related to accelerating or slowing down the frontiers during the DevDay event, Altman stated that they want to prioritize safety and alignment over capabilities.

He expressed that going public has the potential to disappoint Wall Street backers and that this period could conflict with new safety requirements.

Competitors' IPO Moves

Anthropic, one of OpenAI's biggest rivals, officially filed for an initial public offering in June and was expected to go public in November.

SpaceX, which also houses Elon Musk's artificial intelligence company xAI, went public in June and carried out the largest initial public offering in history.

Search for Balance for the Future

While Sam Altman thinks that companies going public is generally a positive development, he also stated that OpenAI waiting for too long could be disadvantageous for the world.

Stating that he does not want to increase the pressure of an initial public offering while the company is in a transition period, Altman reiterated that their priority is to transition safely to the next stage of artificial intelligence.