OpenAI's Sam Altman says it would be 'ill-advised' to go public in 2026

sikozu

Maybe this is a dumb take but I don't think they'll ever go public. Their company is so volatile and unsustainable in the long-term that I don't think it makes sense to go public at all.

exiguus

This gives off major "we don’t trust our own product" energy. Actually, they tell exactly this. Matrix vibes, anyone? Also, unpopular opinion: The 4th movie isn’t as bad as people say.

himaraya

Time for Dario to walk the walk

fasterik

I like Gaben's take on going public. This is a clip from a longer talk he gave which I think is really insightful into many aspects of the economics of software and company culture. https://www.youtube.com/watch?v=QvS-IwYFCP4

m101

However bad anthropic’s financials look I’m sure OpenAI’s look even worse

vessenes

Prices are moving inference to highly profitable, oAI seems to have solved their training problems, and they're currently competing nicely with Anthropic on the coding side. I'd wait, too -- why fight this stuff out in public when you can stay private and have your big competitor deal with all the public company concerns? There's plenty of capital available in the private markets for them right now.

bananamogul

"I would say not 2026, yeah. We’ve got a lot of stuff to do." Why is this even a "would say" kind of thing. Surely AGI - they've achieved it three times now, right? - has lead to a datacenter full of PhDs who will perfectly time the IPO.

mbesto

Do people seriously trust what this guy says anymore?

sensanaty

I'm sure it's not because of the horrific state of their financials, no sirree!

cco

The time to go public was about 16 months ago. People are waking up to large bills now, Chinese models are nipping at their heels, public sentiment has turned, money is becoming more expensive. The market no longer cares about fundamentals, corporate structure, controls etc. Too slow by my judgment.