OpenAI President Greg Brockman: IPO Possible by 2027

Greg Brockman, co-founder and president of OpenAI, has stated that the company anticipates being ready for an initial public offering (IPO) by 2027. Brockman highlighted OpenAI’s increasing revenue from its enterprise sector during a recent appearance at a Wall Street Journal tech conference.

When asked if OpenAI could go public next year, Brockman responded affirmatively, expressing confidence in the company’s strategic progress. “I think so. Yes,” he noted, emphasizing the need to time the IPO according to the company’s readiness and potential.

Brockman elaborated on how OpenAI’s foray into the enterprise market has evolved throughout 2026. While the initial quarters were challenging, he remarked that significant growth began to show in the third quarter, with a remarkable 70% quarterly growth in annualized revenue—an uptick he attributed to the doubling of the enterprise business segment.

Previously, the enterprise sector contributed only about 30% to OpenAI’s revenue, but now it forms the majority. “It’s not that consumer revenue has declined; it’s actually been growing. The enterprise segment has really taken off,” he explained, citing a recent partnership with J.P. Morgan Chase as an example of the caliber of clients that OpenAI is attracting.

Reflecting on the lessons learned from expanding into the enterprise market, Brockman emphasized the importance of helping businesses realize their objectives with AI technology. He stated that building trust and demonstrating reliability have become vital for OpenAI as it transitions from a consumer-focused identity to a recognized player in the enterprise landscape.

“A year ago, we weren’t even really in the enterprise game. Companies would question whether OpenAI was committed to the enterprise,” Brockman said, indicating a significant shift in perception within the industry.