OpenAI's Altman says no IPO in 2026, firm to prioritize safety — Daily Fintech News, September 12, 2026
Sunday, September 13, 2026 · 1:05 AM ET
AI
1.OpenAI's Altman says no IPO in 2026, firm to prioritize safety
OpenAI CEO Sam Altman said the company will not pursue an IPO in 2026 and will instead prioritize AI safety, tempering expectations of a near-term public listing for the AI leader.
Markets
2.Larry Ellison ends plan to sell up to $7.5 billion in Oracle stock
Oracle chairman Larry Ellison canceled a plan to sell as many as 50 million shares (up to $7.5 billion) of Oracle stock, an about-face just a day after a filing disclosed the intended sale.
$ORCL
$ORCLClose$150.28-1.74%
1Y -48.6%Rev QoQ +20.6%EPS QoQ +21.9%52wk $114.5–$329.5P/E 23.5Mkt Cap $432.88B
Markets
3.Musk's secretive backer Vy Capital builds $40bn SpaceX stake
Low-profile venture firm Vy Capital has emerged as one of SpaceX's largest shareholders, holding a stake valued at around $40bn, underscoring the soaring private-market valuation of Elon Musk's rocket company.
Data Centers
4.US-listed Equinix faces challenge over South African hyperscale data centre
Campaigners are seeking to overturn approval for an Equinix hyperscale data centre in South Africa, as the rapid AI-infrastructure build-out puts fresh scrutiny on the power and water demands of new data-center capacity.
$EQIX
$EQIXClose$1037.72+1.36%
1Y +31.6%Rev QoQ +16.7%EPS QoQ +28.8%52wk $720.62–$1128.68P/E 66.6Mkt Cap $102.39B