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OpenAI’s present priorities don’t include IPO, says CEO Sam Altman

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OpenAI chief executive Sam Altman dismissed speculations over the AI major going public, stating that it’s not a priority, citing operational challenges and the need to keep investing heavily in computing power and research.

“I totally get why people wish we were just a public company now,” Altman told CNBC on Friday. “And I have negative feelings about how much growth happens in private markets and how.”

He added that, despite speculation, an initial public offering (IPO) is not on the immediate agenda. “Whenever we do go public, if we…

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