Artificial Intelligence1 min read

OpenAI president Greg Brockman says company could be IPO ready in 2027

By · Via TechCrunch · Published by Everything Blog

In short

The potential move toward the public markets follows a massive turnaround after a difficult first half of 2026. Annualized revenue jumped 70% in the third quarter alone, propelled by a doubling of the company's enterprise division. Corporate clients now generate the majority of total revenue, boosted by major deals such as a recent partnership with J.P. Morgan Chase. This commercial pivot has allowed the company to move past earlier shortcomings in areas like agentic coding.

Key points

  • The artificial intelligence firm is targeting 2027 as the potential timeframe to be ready…: The artificial intelligence firm is targeting 2027 as the potential timeframe to be ready for an initial public offering.
  • Rapid enterprise growth has enabled the company to compete more aggressively against riva…: Rapid enterprise growth has enabled the company to compete more aggressively against rivals like Anthropic.
  • Leadership is deliberately shifting strategic focus toward establishing the firm as a tru…: Leadership is deliberately shifting strategic focus toward establishing the firm as a trusted, reliable business partner.

Sources checked by our analysis pipeline: 1

OpenAI co-founder and president Greg Brockman said the company would be ready for an IPO in 2027, noting that its enterprise revenue has been growing. Speaking at a Wall Street Journal tech conference on Wednesday, the executive touted how the company had been gaining ground in the enterprise market, where rival Anthropic had already successfully made inroads.

In response to the interviewer’s question about being IPO-ready next year, Brockman replied, “I think so. Yes.”

“We’ve been very clear this year that we want to go public when we feel is the right time for us, and I feel extremely good about the business. I feel like we’ve made so much progress this year, and I’ve honestly never felt more confident in what we’re doing,” Brockman said.

He detailed how OpenAI’s trajectory as an enterprise had changed over the course of 2026, noting that the first and second quarters were “pretty rough.” He also admitted that OpenAI “wasn’t even in the conversation” when it came to agentic coding — an area where Anthropic’s Claude Code has gained market share.

“We had…

Artificial Intelligence