OpenAI has filed confidentially for an initial public offering (IPO), but CEO Sam Altman has indicated that the company will not proceed with going public this year or in 2026. In a recent interview with Fortune editor in chief Alyson Shontell, Altman highlighted ongoing concerns about AI safety and the current societal context as reasons to delay the IPO. He described the timing as "ill-advised" given the present circumstances. Altman stated that OpenAI will consider going public only when the business and external environment are ready. When asked directly about a 2026 IPO, he confirmed that it is unlikely, noting the company has significant work ahead. Earlier reports suggested OpenAI was targeting late 2026 for its IPO but was leaning toward 2027 due to tech market volatility and financial challenges. This cautious approach reflects the broader uncertainties around AI development and market conditions, underscoring the company's focus on responsible growth before entering public markets.