Worth knowing
OpenAI president Greg Brockman says company could be IPO ready in 2027
OpenAI's shift from a consumer-dominated business to an enterprise-led revenue model positions the leading AI lab for a potential landmark public offering in 2027.
What happened
OpenAI president Greg Brockman stated at a conference that the company could be ready for an IPO in 2027, following a 70% quarterly increase in annualized revenue during the third quarter of 2026. He noted that enterprise sales doubled during that period and now account for the majority of OpenAI's revenue, up from roughly 30% previously.
Who it’s about
- OpenAI
- Greg Brockman
- Anthropic
- Claude Code
- J.P. Morgan Chase
Source
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