OpenAI says it is not prepared to go public in 2026, while Sam Altman says the company expects to pursue an IPO when its business and broader conditions are ready.
OpenAI is leaning away from a 2026 IPO
OpenAI said its IPO plans were stalled this year and that it was leaning toward 2027 instead. The cited reasons included volatility in technology stocks and the company’s own financial challenges.
The company says it will go public when the business is ready
OpenAI has not abandoned the prospect of going public. The company says it plans to go public when it is ready, including when the business is ready and society’s circumstances regarding the technology are suitable.
OpenAI has hired bankers and lawyers
OpenAI has hired bankers and lawyers, providing context on preparations for a potential public offering without establishing a firm timetable.
The timing remains unsettled
The company’s 2026 plans have stalled, while its broader position remains that it will go public when it is ready.