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

OpenAI co-founder and president Greg Brockman told a Wall Street Journal tech conference that the company could be ready for an IPO by 2027, expressing confidence in its business trajectory. He acknowledged that the first and second quarters of 2026 were "pretty rough" and that OpenAI lagged behind competitors like Anthropic in agentic coding, saying Codex existed but "no one was talking about it." By the third quarter, OpenAI saw 70% quarterly growth in annualized revenue, driven by its enterprise business doubling. Enterprise revenue, which previously accounted for about 30% of total revenue, now constitutes the majority. Brockman pointed to a partnership with J.P. Morgan Chase as an example of major clients now joining, and noted that consumer revenue has also been growing, just not as fast as enterprise. He discussed lessons learned in enterprise sales, explaining that OpenAI shifted from being perceived as a consumer company to a trusted long-term partner for businesses, and said the company will go public "when the time is right."

(Source：TechCrunch)