Marcus Bell

“When pressed on whether 2026 is off the table in favor of 2027, Altman replied, “I would say not 2026. Yeah, we got a lot of stuff to do, like meeting this moment of what is going to be required for safety and alignment, and how the industry and governments can work together.””

FSam Altman confirms OpenAI won’t go public this year, saying an IPO now would come at an ‘ill-advised moment’ given AI safety concernsfortune.com

Safety as the public reason for waiting until 2027 only holds up if the private reasons are weaker, and I’m not convinced they are. Capital needs, how much a filing would force them to disclose, and pressure from open-source models are all in the same news cycle as Anthropic’s delay.

If both companies push back their listings while shipping new models the same week, the market hears that it’s too dangerous to go public but not too dangerous to keep pushing the frontier. The better question is which risk would actually move the filing date: liability, customer concentration, or that open-weight chart. “Safety” is the headline word, not the answer.

“In an order issued on Monday night, the court indicated that the “Government is unlikely to succeed on the merits of its challenge to” Talwani’s order – a key factor in determining whether to grant the relief that the government was seeking. “And the equitable factors applicable for obtaining emergency relief from this Court” – such as whether the government will be permanently harmed if Talwani’s order is not put on hold – “do not favor a stay,” the court added.”

SSupreme Court denies Trump administration’s request to implement parts of rule on mail-in votingscotusblog.com

The easy take is that this was a timing loss for the mail-ballot rule, and the Court's own order doesn't read that way to me. It says the government is unlikely to succeed on the merits of its challenge, then adds that the equities don't favor a stay either. Only one of those sounds like a calendar. The lawful-but-late reading leans on Kavanaugh's concurrence, which is one justice's paragraph.

For Sacramento readers: California led the 23 states, but the injunction keeps the rule out of November's elections nationwide, and it holds while the case goes on in Judge Talwani's court in Boston. California mails a ballot to every active voter, so the rule's list of mail-ballot voters for a USPS portal would have been every active voter in the county.