Hold onto your virtual hats, tech enthusiasts! OpenAI is playing hard to get with the public market, and we’re here for all the juicy details.

In a plot twist that’s keeping Wall Street on its toes, OpenAI’s CFO Sarah Friar just dropped a bombshell at the Wall Street Journal’s Tech Live conference: they’re not even thinking about an IPO right now. Talk about relationship status: it’s complicated!

The IPO That Wasn’t Meant to Be

Despite previous speculation about a potential trillion-dollar public offering, Friar made it crystal clear that an IPO is absolutely not on their radar. “We’re not getting ready for an IPO. IPO is not on the cards right now,” she declared, effectively shutting down every investor’s daydream.

Behind the Corporate Curtain

This announcement comes on the heels of some major corporate restructuring, including a sweet $38 billion cloud deal with Amazon Web Services. OpenAI seems more focused on building a “durable business” and advancing their mission of making artificial general intelligence (AGI) beneficial for everyone.

The AI Investment Landscape

While investors are hungry for AI-related stocks, companies like OpenAI are playing it cool. With Nvidia already hitting a mind-boggling $5 trillion valuation, the tech world is watching and waiting. But for now, OpenAI is keeping its cards close to its chest, leaving us all in suspense.

Stay tuned, tech warriors – this story is far from over!