Don’t worry, it’s DEFINITELY not because they would need to disclose their finances to investors. Just keep pouring money in and everything will turn out fine!

It's got nothing to do with safety, he doesn't have the numbers to go public and is trying to mask that.

I don’t see how they’re going to meet their revenue projections when open models are largely turning LLMs into a free commodity. So far in 2026, we’ve gone from local LLMs being a toy to Qwen 3.8 27B giving the latest Sonnet 5 a run for its money. The OpenCode desktop app is also almost at parity with the Claude desktop app as well and I’ve heard Pi is pretty good too.

Now we are seeing techniques like a “phrase book” evolving to allowing a large portion of a huge model to reside on a SSD instead of in RAM / VRAM so that Opus-class models can run on a gaming PC. For example, this video is nuts: https://m.youtube.com/watch?v=IH8XmxiwliQ

OpenAI and Anthropic know they’re cooked, so that’s why they’re talking all this nonsense trying to keep the shell game going a while longer. 🍿

That company is fucked.

More likely its because they need more time to cook their books.

Just another scam, move along

They can’t go public.

I bet they end up merging or being bought long before they’re actually ready to go public.

"So, how do you make your money?" "I lie".

I hope they go right under a rock and stay there.

Hahaha, AI hype has already reached and past its peak, the best time to do an ipo for them is today, second best time would be tomorrow.

Sure it might be here to stay, but the gold rush FOMO phase is over.

The tech CEO's are playing into fears of AI, because their development didn't meet their hype.

There is no doubt, they don't give a fuck and we all should know it. They believe in nothing except self advancement.

https://www.youtube.com/watch?v=9vQaVIoEjOM

Don't believe the Hype. Yeeeeaah boooyy.

what they are really saying, especially with the “slow down china bad” rhetoric is just temporally advanced from stuff Adam Smith wrote about, long ago: they cannot keep up and are crying to the powers so shareholders are protected

Reminder: none of the AI industry is remotely based in reality.

https://www.wheresyoured.at/ai-is-already-in-dangerous-hands/

Good news for retail investors.

"AI" 🙄

Hilarious.. I guess this pushes back the inevitable bubble collapse (probably until just after they do go public)

The guy goes fuzzball on telling everyday AI is going to kill us all, then "well I can't IPO, people are afraid"?

Well, guess what my little boy, what did you expect?

Sam, we don't believe you, you make no sense at all, you liar piece of shit.

Because they're generating money with zero expectation of ever making any. Getting more customers only costs them more...

BUUUUULLLLSHIT. He just doesn't want to answer honestly to shareholders. The product is a scammy money pit propped up by tissue paper and the confoolery of our liar and chief.

Is this a concession of defeat to spaceX

what i heard was that ai companies now push for regulation to legitimize themselves in front of the law. that saves ai companies from the state being like "yea the party's up we stop this and crack down on it"

same happened to bitcoin.

but idk shit :)