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OpenAI President Greg Brockman Says Company Could Be IPO Ready in 2027
OpenAI's Greg Brockman says the company would be ready for an IPO in 2027, citing enterprise revenue growth.
Key points
- Brockman said OpenAI would be ready for an IPO in 2027, answering "I think so. Yes." to the interviewer.
- OpenAI's annualized revenue grew 70% quarterly by the third quarter, which Brockman attributed to the enterprise side doubling.
- Enterprise now accounts for the majority of OpenAI's revenue, which previously made up only around 30% of its total.
Why it matters. Brockman's comments tie OpenAI's enterprise growth to a possible 2027 public listing, though he said the timing depends on when the company feels it is the right time.
OpenAI president Greg Brockman told a Wall Street Journal tech conference on Wednesday that the company would be ready for an IPO in 2027. Enterprise now makes up the majority of OpenAI's revenue, up from around 30%, and its annualized revenue grew 70% quarterly by the third quarter. Brockman cited a recent partnership with JPMorgan Chase as an example, while admitting the first and second quarters of 2026 were "pretty rough.
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OpenAI President Greg Brockman Says Company Could Be IPO Ready in 2027
OpenAI co-founder and president Greg Brockman said the company could be ready for an initial public offering in 2027. He made the remarks on Wednesday, November 5, at a Wall Street Journal tech conference. Brockman said OpenAI's enterprise revenue has been growing. He also said the company has been gaining ground in the enterprise market, where rival Anthropic has already made inroads. The statement describes a possible timeline rather than a confirmed listing.