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OpenAI put its IPO on hold. The stated reason: powerful AI is too risky right now. Come on, man. That is marketing 101. ✅ Sam Altman says an IPO is "not 2026," pointing to safety and alignment work still to do. ✅ Meanwhile OpenAI is in talks to raise about $30 billion privately at a $1.4 TRILLION valuation. ➡️ So the pitch is: our product is SO powerful we have to slow down for all of humanity. By the way, the subscribe link is below. 😇 Anytime greed aligns with doing the right thing, you have a little match. 😇 They just happen to be aligned and then it's called branding. ➡️ Want the real reason? Let Anthropic go first and step on the landmines. Anthropic's filing is expected any day. 😇 They're too afraid to go first. ➡️ Why you care: an IPO is when we finally see audited numbers. Thursday's $70 billion vs $50 billion mess is what you get without them. 🚨 The risk in waiting: every month private is another month the market has to guess. Guessing is how one article knocks 1.3% off the Nasdaq 100. ➡️ Bottom line: too risky to IPO, not too risky to take $30 billion. Sure.
Library as of 2026-10-22