OpenAI President Greg Brockman states the company could be ready for an IPO by 2027

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Greg Brockman, co-founder and president of OpenAI, told the Wall Street Journal Technology Conference that the company is ready for an IPO by 2027. He noted that annualized revenue grew 70% quarter-over-quarter in Q3, with enterprise revenue doubling to now account for the majority of total income, up from roughly 30% previously. He admitted OpenAI had been absent in the agentic coding space, but Claude Code has taken market share, citing a recent partnership with J.P. Morgan Chase.

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