OpenAI's Altman Won't Do IPO This Year, Calls AI Extinction Risk 'Unacceptable'

OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable'

OpenAI postpones IPO past 2026 citing AI safety; Altman calls 10% extinction risk unacceptable, demands industry coordination. For tech leaders: safety investment now competes with growth in budget planning; expect higher compliance costs and slower development pacing.