Overview
- Sam Altman made the remarks on the Nov. 1 BG2 podcast (episode 39) in a joint interview with Microsoft CEO Satya Nadella.
- Responding to a cited estimate of about $13 billion, Altman said OpenAI’s revenue is far greater than that figure.
- Altman denied plans to list next year, stating there is no concrete timeline and that the board has made no decision.
- An OpenAI spokesperson later said an IPO is not the company’s focus and emphasized building a sustainable business and advancing its mission.
- Reuters reported on Oct. 30 that OpenAI was preparing an IPO that could value it up to $1 trillion, following earlier reports of vast compute deals exceeding 20 GW that drew feasibility questions.