Updated

OpenAI CEO Sam Altman said during a Q&A after the company's DevDay keynote on Tuesday that OpenAI will not pursue an IPO until it can make confident safety claims about its models, citing no firm timeline. He said the company intends to keep advancing AI capability but that surging model power raises the bar for what promises it can make to public investors. Separately, OpenAI is reportedly in talks to raise a $30 billion round that would value the company at $1.4 trillion, described as likely its last private raise before a delayed 2027 public debut. The reports suggest OpenAI is preparing financially for eventual public markets even as its leadership publicly downplays the timeline.