OpenAI said Tuesday it woulddelay its initial public offering while it figures out the whole “destroying humanity” possibility.

Of course, CEO and co-founder Sam Altman didn’t say it like that. He just said his company wouldn’t race toward an IPO until it can “make confident safety decisions.”

And OpenAI isn’t the only company hitting pause on going public. Oura, the maker of those health tracking rings, is also delaying its IPO. These businesses will have to turn elsewhere to raise money, because they need a lot of money just to stay alive.

OpenAI had a loss of $39 billion in 2025. So, if it’s not getting that money from going into the stock market, the company will need to get it from the same place it has been getting its money all along.

“Normally with a startup company, venture capital would be the source of financing,” said Jay Ritter, director of The IPO Initiative at the University of Florida.

But OpenAI isn’t a normal startup. Venture capital doesn’t cut it.

One in five working-age renters paid late or came up short some time last year, according to a new report from Batko and colleagues at the Urban Institute. That’s more than in 2024, and the share of middle-income workers who struggled to pay rent grew the most. Batko told us when these renters struggle, they tend to seek out more affordable housing — and crowd out low-income renters. 

A multibillion-dollar renovation at the Federal Reserve appeared key to President Trump’s unprecedented, unsuccessful campaign to get the former Fed chair (and now his successor) to lower interest rates.

Trump stopped by the construction site, and his Justice Department subpoenaed Powell, only to drop its investigation by spring. The president has denied any connection between this action and monetary policy, though Powell disagreed.

In any case, today the Fed’s independent watchdog said the renovation project has been poorly managed, but found no criminal activity.