this post was submitted on 14 Sep 2026
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131
Sam Altman says OpenAI will not go public this year as AI fears grow (www.sfchronicle.com)
submitted 9 hours ago by fubarx@lemmy.world to c/technology@lemmy.world
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[โ€“] Rothe@piefed.social 6 points 5 hours ago (1 children)

They will never go public. Their finances will be in an even poorer state next year, because that is when the first of their many billion dollar loans are coming due.

[โ€“] TheVoiceOfRaison@thelemmy.club 1 points 3 hours ago

I am willing to bet the loans get differed, they are later forced to IPO and will pay debts with that whilst Altmam probably noshes off the great orange turd in hopes he can disappear somewhere with a truck load of cash.