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

OpenAI president Greg Brockman stated that the company could be IPO-ready in 2027, citing the growth of its enterprise revenue, which has seen 70% quarterly growth in annualized revenue. The company's enterprise business now accounts for the majority of its revenue, up from 30% previously. OpenAI's growth in the enterprise market is a response to rival Anthropic's success in the agentic coding area, where OpenAI's Codex was initially not well-known. Brockman said the company's progress and confidence in its business have increased, and it will go public when it feels the time is right.