OpenAI president Greg Brockman hints at 2027 IPO readiness

OpenAI president and co-founder Greg Brockman recently stated that the company could be ready for an IPO in 2027. Speaking at a Wall Street Journal tech conference, Brockman highlighted the company's significant progress throughout 2026, noting that the enterprise sector has become a major driver of its revenue.

• OpenAI aims to be IPO-ready by 2027.
• Enterprise revenue now constitutes the majority of total earnings.
• Quarterly annualized revenue grew by 70% in Q3.
• The company has successfully shifted perception from a consumer app to a reliable enterprise partner.

Scaling the Enterprise Business Brockman admitted that early 2026 was a rough period for OpenAI, as the firm struggled to be taken seriously by enterprise clients who previously viewed them as a purely consumer-focused brand. However, the company doubled down on its B2B efforts, leading to a massive shift in their business model. Today, the enterprise segment contributes the majority of their revenue, a stark increase from the previous 30% share. The turnaround was supported by strategic investments that finally matured in the third quarter of 2026. By focusing on trust-building and clear business milestones, OpenAI managed to win over major partners, including J.P. Morgan Chase, proving that their AI infrastructure is ready for large-scale enterprise use.

Addressing the Competitive Landscape OpenAI also navigated a challenging environment regarding agentic coding. Initially, the company’s Codex technology was overshadowed by alternatives like Anthropic’s Claude Code. Brockman noted that by keeping their "heads down and executing," they have effectively recaptured market interest. The focus has shifted from mere novelty to proving long-term reliability for corporate infrastructure. Looking ahead, Brockman expressed unprecedented confidence in the company's trajectory. The shift towards enterprise focus has not hindered their consumer growth, but rather complemented it, creating a balanced and robust business structure that positions them well for a potential public offering.

What This Means for the Industry An OpenAI IPO would represent a landmark moment for the AI industry, signaling the maturity of generative AI in corporate settings. For developers and business partners, the move towards becoming a public company implies higher transparency and long-term stability. This transition is expected to foster greater confidence for businesses globally, including emerging markets, to integrate OpenAI’s models into their core operations.