Sam Altman's OpenAI Is in Talks for a New Funding Round Valuing It at $1.2 Trillion Instead of an IPO. Here's Why He Called Going Public Now "Ill-Advised."

Key Points The initial public offering that some investors believed OpenAI might complete this year has been postponed until next year or later. CEO Sam Altman says the company behind ChatGPT has one key problem to address right now. While intensifying concerns about the threats posed by AI might have put pressure on the IPO's pricing, this delay may also pose some risk to OpenAI's eventual IPO valuation. 10 stocks we like better than Microsoft › ChatGPT developer OpenAI won't be going public this year after all. That's the latest word from co-founder and CEO Sam Altman, anyway.