OpenAI CEO Sam Altman said the company will not go public in 2026, pointing to concerns about artificial intelligence safety in an interview with Fortune. He said the current moment would be “illadvised” for an IPO and that OpenAI does not feel pressured to list. Separately, SpaceX IPO shares fell sharply after a rally that lifted the company’s valuation to $1.8 trillion.

OpenAI CEO Sam Altman said the company’s IPO plans are likely to be delayed until after 2026. He also backed a proposal from Anthropic CEO Dario Amodei to slow frontier AI development while expanding safety evaluations and international coordination. Altman said the industry still has significant work to do to address safety concerns and fears of losing control of advanced AI systems.

OpenAI CEO Sam Altman said the company’s long-anticipated IPO is likely to be pushed back beyond 2026, while endorsing calls to slow the pace of AI development amid safety concerns. Anthropic CEO Dario Amodei has outlined a three-step safety plan that includes embedded third-party evaluators, shared safety standards and limits on unchecked AI progress. Both executives said the industry and governments need to work together to address risks around control of advanced AI systems and alignment with human values.

Rising oil prices linked to renewed US-Iran tensions have stoked inflation concerns and pushed up expectations for a US Federal Reserve rate hike. A firmer dollar and higher US Treasury yields added to the pressure, with COMEX gold futures settling about 1.5% lower at $4,408.90 an ounce. After climbing roughly 14% in August, the market has lifted the implied probability of a September hike to around 40%.

OpenAI CEO Sam Altman said the company is unlikely to pursue an initial public offering in 2026, pushing back against broader market expectations. He also urged stronger AI safety evaluations. The comments come as autonomous hacks and other cybersecurity incidents involving OpenAI programs continue to surface.

OpenAI CEO Sam Altman said in an interview published on Sept 12 that the company will not go public in 2026, pointing to concerns about artificial intelligence safety. Earlier reporting had said OpenAI was weighing whether to delay a potentially trillion-dollar IPO until 2027. Altman’s comments take a 2026 listing off the table, as industry leaders increasingly emphasize safety in AI development.

ASX 200 energy shares rose 2.39% last week, bucking a 2.94% drop in the broader market to a 10-week low. Brent and WTI crude both jumped 12%, topping US$108 and US$103, while UK, German and broader European gas prices also climbed sharply. Concerns that shipping through the Strait of Hormuz could be disrupted — affecting about 20% of global oil and gas transport — helped fuel the surge in energy prices.

OpenAI CEO Sam Altman said the company will not go public in 2026, citing AI safety considerations. The decision comes as calls for tighter AI regulation intensify and experts warn about potential risks from the technology. Altman framed the move as part of a strategy to align safety measures with government-industry cooperation.