OpenAI President Says Company May Be Ready for IPO by 2027
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OpenAI co-founder and president Greg Brockman said at a Wall Street Journal tech conference that the company will be ready for an IPO by 2027, and that he feels very good about the business. He also disclosed that the company's performance in the first and second quarters of 2026 was quite difficult, and it was not even in the discussion in the agentic coding space; but in the third quarter, annualized revenue grew 70% quarter over quarter, and the enterprise business doubled in size.
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- TechCrunch · AIOpenAI 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.
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