Translation

OpenAI leans toward waiting until next year for IPO, NYT reports

OpenAI is reportedly leaning toward waiting until next year to pursue an initial public offering, according to the New York Times. The decision comes as the company continues to navigate regulatory and business considerations around its structure and future growth.

Background

- OpenAI, the company behind ChatGPT, has been widely expected to go public (IPO) but has not yet set a firm date. This report says it's leaning toward waiting until 2026 or later. - Going public means selling shares on a stock exchange for the first time; the delay signals OpenAI is in no rush to face quarterly earnings pressure and regulatory scrutiny. - The company is structured as a "capped-profit" entity, which complicates a traditional IPO — investors' returns are legally limited by a cap, unusual for a tech company valued at tens of billions. - CEO Sam Altman has said OpenAI may need to restructure its corporate form to attract more capital, and an IPO would likely require that change first.

RT Max Weinbach: I had early access to this model and I'll post more Thursday, but I think the most impressive part is this model NEVER GIVES UP If yo...
9.0
Max Weinbach says he had early access to OpenAI's new model GPT-5.6 Sol, calling it his favorite model by far. He highlights that it never gives up and will keep reasoning until it's done. OpenAI announced that GPT-5.6 Sol, along with Terra and Luna, will launch publicly on Thursday, with preview access expanding globally now.
Statement on the US government directive to suspend access to Fable 5 and Mythos 5
9.0
The US government ordered Anthropic to suspend access to its Fable 5 and Mythos 5 models for all customers, citing a potential jailbreak technique that involved asking the model to review a codebase for vulnerabilities—a capability Anthropic says is available in other public models. Access was abruptly cut off on June 12.
This is a super exciting release - Claude Fable 5 is the same underlying model as Mythos but with added safeguards. The benchmarks are great and it's ...
9.0
Andrej Karpathy announces the release of Claude Fable 5, the same underlying model as Mythos but with added safeguards. He calls it a major step forward, particularly for long problem-solving sessions on difficult tasks, and describes it as state-of-the-art on nearly all benchmarks with exceptional performance in software engineering, research, and vision.
RT Roman Storm 🇺🇸 🌪️: The gov't theory in my case isn't about me. It's a template. Under US v. Storm, "money transmitting" no longer require...
8.5
Roman Storm warns that the legal theory in his case could set a precedent making open-source developers liable for how others use their code, potentially criminalizing the mere publication of privacy, messaging, or crypto tools. He notes that developer Michael Lewellen cannot publish lawful code due to prosecution fears, and argues this chilling effect extends beyond any single case.
‘Why Is Meta Destroying Its Engineering Organization?’
8.5
Meta's engineering culture is deteriorating under Mark Zuckerberg and Scale AI CEO Alexandr Wang, who have introduced keyboard tracking, reassignments to data labeling, and AI-centric performance metrics. Critics argue this incentivizes performative AI use, drives away experienced engineers, and contributed to a major Instagram hijacking incident caused by AI-written and AI-reviewed code.

OpenAI leans toward waiting until next year for IPO, NYT reports

Background

Related stories

RT Max Weinbach: I had early access to this model and I'll post more Thursday, but I think the most impressive part is this model NEVER GIVES UP If yo...

Statement on the US government directive to suspend access to Fable 5 and Mythos 5

This is a super exciting release - Claude Fable 5 is the same underlying model as Mythos but with added safeguards. The benchmarks are great and it's ...

RT Roman Storm 🇺🇸 🌪️: The gov't theory in my case isn't about me. It's a template. Under US v. Storm, "money transmitting" no longer require...

‘Why Is Meta Destroying Its Engineering Organization?’