OpenAI has filed confidentially for an initial public offering but will not be going public in 2026, according to CEO Sam Altman. In a recent interview with Fortune editor in chief Alyson Shontell, Altman addressed questions about whether the company feels pressured to accelerate its IPO plans amid recent security incidents and ongoing AI safety discussions. He stated that now is an "ill-advised moment" for an IPO due to safety considerations. Altman emphasized that OpenAI will proceed with going public only when the business and societal conditions are appropriate. When asked directly if the IPO would occur in 2026, he responded negatively, noting that the company still has significant work ahead. Earlier reports suggested OpenAI was preparing for a 2026 public offering but was leaning toward 2027 because of tech market volatility and financial challenges. This cautious approach reflects the company's focus on responsible AI development and market stability before entering the public markets.