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

What happened: OpenAI president Greg Brockman said the company would be ready for an IPO in 2027, citing enterprise revenue growth. He said OpenAI wants to go public when the timing is right. Key numbers: 70% quarterly growth in annualized revenue by Q3, with the enterprise side doubling. Enterprise now provides the majority of revenue, up from around 30%. Why it matters: Brockman said OpenAI was not in the agentic coding conversation earlier, where Anthropic's Claude Code gained share, and that Q1 and Q2 were rough before execution paid off. Coverage: 3 outlets in 24h

OpenAI president Greg Brockman said the company would be ready for an IPO in 2027, citing enterprise revenue growth. He said OpenAI wants to go public when the timing is right.

Brockman said OpenAI was not in the agentic coding conversation earlier, where Anthropic's Claude Code gained share, and that Q1 and Q2 were rough before execution paid off.