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

Speaking at a Wall Street Journal tech conference, OpenAI co-founder and president Greg Brockman said the company would be ready for an IPO in 2027, replying "I think so. Yes" when asked about being IPO-ready next year. He said OpenAI saw 70% quarterly growth in annualized revenue by the third quarter, attributed to the enterprise business doubling, and that enterprise now makes up the majority of revenue, up from around 30%. Brockman also acknowledged a rough first half of 2026 in agentic coding, where Anthropic's Claude Code gained share, and cited a recent J.P. Morgan Chase partnership as an example of enterprise deals.