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

OpenAI co-founder and president Greg Brockman said the company could be ready to go public in 2027, TechCrunch reports. Asked at a Wall Street Journal tech conference on Wednesday whether OpenAI would be IPO-ready next year, he answered affirmatively, adding that the company will list when the timing suits it and that he has never felt more confident in the business.

Brockman tied that confidence to a turnaround in enterprise sales during 2026. He described the first two quarters as "pretty rough" and conceded that OpenAI had been absent from discussions about agentic coding, a field where Anthropic's Claude Code has won market share, even though it already offered Codex. By the third quarter, he said, annualized revenue grew 70% from the prior quarter, which he credited to the enterprise business doubling and to investments made well before that period.

According to Brockman, enterprise now makes up most of OpenAI's revenue, up from roughly 30% previously, while consumer revenue has continued to grow. He cited a recent partnership with JPMorgan Chase as an example of the clients the company is now landing.

The remarks matter because they offer a rough timeline for one of the most closely watched potential listings in AI and show OpenAI pitching itself as a serious competitor to Anthropic among business customers. Brockman said that a year ago prospective clients questioned the company's commitment to enterprise, since it was seen mainly as a consumer brand, and that it has since learned to focus on building trust and helping businesses reach their key goals.