The leader of the AI research company believes that attempting to enter public markets right now would be a mistake. CEO Sam Altman told Fortune that a public offering is currently "ill-advised" and that he has no plans to list OpenAI on an exchange this year. He confirmed he is not seeking a 2026 debut for the firm's stock.

The decision pushes any potential initial public offering beyond 2026. Altman indicated he is not pursuing a listing in the current window, ensuring the company remains private for the remainder of the calendar year.