OpenAI delays GPT-5.6 for government review, eyes 2027 IPO

OpenAI will roll out its next model, GPT-5.6, to select partners rather than the public at the Trump administration's request. The government will approve access customer by customer during a preview period, with a broader release potentially following weeks later. The move signals Washington's growing role in deciding when powerful AI models reach the market. Meanwhile, OpenAI is leaning toward a 2027 IPO rather than filing this year, citing market turbulence, heavy cash burn, and compute commitments. The company completed its corporate restructuring in October and closed a $122 billion funding round in March at an $852 billion valuation.