1d ago
Altman says OpenAI will not pursue a 2026 IPO, citing AI safety concerns
OpenAI CEO Sam Altman said in an interview published on Sept 12 that the company will not go public in 2026, pointing to concerns about artificial intelligence safety. Earlier reporting had said OpenAI was weighing whether to delay a potentially trillion-dollar IPO until 2027. Altman’s comments take a 2026 listing off the table, as industry leaders increasingly emphasize safety in AI development.
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1d ago
ASX 200 energy stocks rose 2.39% as the benchmark fell 2.94% to a 10-week low
ASX 200 energy shares rose 2.39% last week, bucking a 2.94% drop in the broader market to a 10-week low. Brent and WTI crude both jumped 12%, topping US$108 and US$103, while UK, German and broader European gas prices also climbed sharply. Concerns that shipping through the Strait of Hormuz could be disrupted — affecting about 20% of global oil and gas transport — helped fuel the surge in energy prices.
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1d ago
Virginia diesel prices climb past $6 a gallon as inflation edges higher
Average diesel prices in Virginia have moved above $6 a gallon, while average regular unleaded gasoline has risen past $4.12 a gallon. The increase has been driven by higher crude oil prices as tensions between the United States and Iran over shipping through the Strait of Hormuz escalate. Inflation has also inched up on higher energy and housing costs, and markets are expecting the Federal Reserve to raise interest rates.
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1d ago
Altman says OpenAI will not go public in 2026, calling an IPO now an “ill-advised moment”
OpenAI CEO Sam Altman said the company will not go public in 2026, arguing that an IPO would be poorly timed and that safety and compliance work must take priority. Markets had previously speculated that OpenAI could be valued at $1 trillion in a listing. He made the comments as global markets remain volatile, after the SpaceX IPO’s sharp post-listing swings and as renewed fighting involving Iran has pushed oil prices higher and lifted inflation forecasts.
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Stellar to hold Meridian 2026 in Lisbon on Oct. 28–29 after RWA growth to about $4B
Stellar’s ecosystem metrics have climbed, with real-world assets rising from about $1B at the start of the year to roughly $4B by late August, while Q2 stablecoin transfers reached $11.4B and active accounts topped 10.7M. DTCC plans to connect its Tokenization Service to Stellar in 1H 2027, Figure has become a Tier 1 validator and issued YLDS, and Spiko accounts for about $1.55B of RWAs. Stellar’s Meridian 2026 conference is scheduled for Oct. 28–29 in Lisbon, with representatives from multiple institutions set to attend.
XLM
XLM-1.27%
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1d ago
Anthropic CEO Dario Amodei urges slower frontier AI progress ahead of IPO, cites >10% doomsday risk over next decade
Anthropic CEO Dario Amodei has publicly called for slowing the pace of frontier AI capability gains ahead of the company’s IPO, arguing that risk prevention should take priority over unchecked progress. He said he believes the chance of a catastrophic AI event within the next decade is greater than 10%, and warned that swarms of AI agents could take control of the internet within the next 6 to 12 months. Anthropic is expected to go public next month, targeting a valuation of up to $2 trillion.
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