""Am I excited for OpenAI to be a public company? In some ways, I am, and in some ways I think it'd be really annoying," Altman said on an episode of the "Big Technology Podcast" published Thursday."
""Am I excited to be a public company CEO? 0%.""
""It's wonderful to be a private company," Altman said, but he added that OpenAI needs lots of capital and is going to "cross all of the shareholder limits and stuff at some point.""
""I do think it's cool that public markets get to participate in value creation," Altman said."
Sam Altman expressed mixed feelings about taking OpenAI public, saying the idea is appealing in some ways and "really annoying" in others. Altman stated he is 0% excited to be a public-company CEO and praised the benefits of being private while acknowledging the company needs substantial capital. He warned OpenAI will eventually "cross all of the shareholder limits and stuff at some point" and noted that public markets can participate in value creation. OpenAI's valuation and deals have surged since ChatGPT's 2022 launch, and the company is reportedly preparing for a possible IPO as regulators could be filed with in 2026.
Read at Business Insider
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