OpenAI delays IPO over AI safety concerns

OpenAI will not go public until it can "make confident safety decisions," CEO Sam Altman said. The $852 billion company is in talks to raise $30 billion or more at a valuation of about $1.4 trillion and faces a first-of-its-kind lawsuit over AI safety.

• Altman: no IPO until OpenAI can confidently make safety decisions
• Company seeks $30 billion at a valuation of about $1.4 trillion
• Annualized revenue up over 70% since July, now around $70 billion
• LASST filed a first-of-its-kind lawsuit against OpenAI in California