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Sam Altman says OpenAI will not go public until model safety standards are met

In a press Q&A after the DevDay keynote, Sam Altman said OpenAI will not go public before it can make reliable commitments on model safety, and he did not give a clear timeline. He said waiting too long would be bad for the world, but that the current period of leapfrogging model capabilities and new safety requirements makes pushing ahead with an IPO unwise. He also mentioned that going public could bring pressure to disappoint Wall Street supporters for the sake of safety.

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AIUC Completes $40 Million Series A, Launches AIUC-1 Agent Safety Standard and Insurance Program

AIUC announced the completion of a $40 million Series A funding round, led by Ribbit Capital and First Harmonic, with customers including Cursor, Harvey, Lovable, and ElevenLabs. Its AIUC-1 standard covers agent safety, security, and reliability, requiring thousands of simulated tests each quarter for jailbreaks, hallucinations, and data leaks, with a certification period of about 3 to 10 weeks. ElevenLabs has purchased the first AI agent insurance policy, underwritten with participation from Lloyd's of London, and AIUC's evaluation results are used directly for pricing.

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