OpenAI, ready to IPO in 2027, now counts majority of sales from enterprises, Greg Brockman says
OpenAI President Greg Brockman said on Wednesday the company now generates the majority of its revenue from enterprise sales and he believes it will be ready to go public in 2027.
OpenAI's President Greg Brockman stated on Wednesday that the company now generates the majority of its revenue from enterprise sales. Speaking at a Wall Street Journal tech conference in Napa, California, Brockman revealed that OpenAI is gearing up to go public in 2027. The AI lab has been intensifying its efforts to secure enterprise clients, particularly in a fierce competition with rival Anthropic, which is expected to go public before the end of the year.
Brockman highlighted OpenAI's Codex agent as a key tool in their pursuit of enterprise sales. When asked directly if OpenAI will be prepared for an IPO next year, Brockman confidently answered, "I think so." OpenAI has been ramping up fundraising efforts, as reported by Reuters, in order to take advantage of its recent growth following a delay in its IPO plans.
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